This book provides insights into the development of institutions during war and peace times in Sudan, and presents an analysis of the impact of institutional variables on investment and economic growth. The study combines a new institutional economics framework and a socioeconomic analysis of investment behavior with an analysis of the process of post-conflict reconstruction and development in Sudan/South Sudan. The book contains a wealth of information for policymakers, for the development aid community, and for researchers, based on the results of a cross-country analysis of panel data for Sudan and the results of survey data on investment determinants in South Sudan. An agenda for institutional reform is suggested for Sudan and South Sudan on the basis of the findings of the study. It presents valuable discussions on policy-relevant issues for Sudan and South Sudan, and it also contains an agenda for economic cooperation between Sudan and independent South Sudan. (Series: Institut fur Weltwirtschaft und Internationales Management - Vol. 18)

The paper reviews the experience of financial reforms in Sudan with a view to assessing their macroeconomic impact and to shedding light on the question why such reforms have not yet brought about visible improvements in financial intermediation. The paper concludes that regardless of the progress achieved in recent years, deficiencies in the reform design, institutional weaknesses, shallow financial markets, shortcomings of the Islamic mode of finance, and strong seasonality remain key factors that constrain financial intermediation. Additional efforts, in particular in bank restructuring, credit instrument design, monetary policy management, and prudential regulation are needed to address the systemic problems of the financial sector and to make it capable of supporting private sector growth.

"Nowhere has a range of case studies of Sudan been brought together in a single volume. Given the concern with the growing number and complexity of conflicts in Sudan and South Sudan there is a significant readership in academic circles and from those involved in humanitarian organisations of all kinds." Professor Peter Woodward, University of Reading "A timely contribution to an important set of debates ... tackles questions emerging from discussions about modernisation, urbanisation and globalisation from an explicitly local angle with regards to Sudan." Dr Harry Verhoeven, University of Oxford Sudan experiences one of the most severe fissures between society and territory in Africa. Not only were its international borders redrawn when South Sudan separated in 2011, but conflicts continue to erupt over access to land: territorial claims are challenged by local and international actors; borders are contested; contracts governing the privatization of resources are contentious; and the legal entitlements to agricultural land are disputed. Under these new dynamics of land grabbing and resource extraction, fundamental relationships between people and land are being disrupted: while land has become a global commodity, for millions it still serves as a crucial reference for identity-formation and constitutes their most important source of livelihood. This book seeks to disentangle the emerging relationships between people and land in Sudan. The first part focuses on the spatial impact of resource-extracting economies: foreign agricultural land acquisitions; Chinese investments in oil production; and competition between artisanal and industrial gold mining. Detailed ethnographic case studies in the second part, from Darfur, South Kordofan, Red Sea State, Kassala, Blue Nile, and Khartoum State, show how rural people experience "their" land vis- -vis the latest wave of privatization and commercialization of land rights. J rg Gertel is Professor of Economic Geography at Leipzig University; Richard Rottenburg is Chair of Anthropology at the University of Halle; Sandra Calkins is a Research Fellow at the Max Planck Institute for Social Anthropology in Halle

This book traces the formation of the Sudanese state following the Second World War through a developmentalist ideology.

With the attention of the industrialized world focused on the political, economic, and social strife of Africa, Tim Niblock travels to Sudan for a first-hand investigation of the socio-economic structure of that continent’s largest country. His findings hold significant implications for the wider context of Africa, the Arab countries, and the Third World. His is a systematic and comprehensive study of Sudanese politics. A country with immense economic potential, possessing extensive tracts of cultivable but currently uncultivated land, Sudan could emerge as a major source of food for the Arab world. Yet it is threatened by famine while attempts at development are frustrated by civil war and political disarray. Niblock examines the political, economic, and social factors that have shaped the country’s development. The fate of Sudan will be critical to the political stability of North-East Africa and the Red Sea area, and the Sudanese experience is instructive for underdeveloped countries as a whole.

This Selected Issues paper examines the monetary policy framework in Sudan, and assesses the effectiveness of monetary transmission mechanism since the secession of South Sudan. The econometric analysis concludes that reserve money, the exchange rate, and private sector credit are the main determinants of inflation after the secession of South Sudan and that the transmission lags have been shortened significantly compared with previous studies. These findings reinforce the need for a comprehensive package of fiscal and monetary measures that strengthens the monetary policy framework and improves its effectiveness.

This paper examines the effect of the efficiency of the education system on Foreign Direct Investment (FDI). First, it focuses on the external efficiency and applies a frontier-based measure as a proxy of the ability of countries to optimally convert the average years of schooling into income for individuals. Second, it shows the relationship between the external efficiency of the education system and FDI inflows by applying GMM regression technique. The results show that the efficiency level varies across regions and countries and appears to be driven by higher education and secondary vocational education. Similarly to other studies in the literature, there is no significant relationship between the average years of schooling and FDI inflows. However, this study shows that the external efficiency of the education system is important for FDI inflows. Improving the external efficiency of the education system can play a role in attracting FDI especially in non-resource rich countries, nonlandloked countries and countries in the low and medium human development groups.