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All Roads Lead To Juba: An Inquiry Into The Economic Viability Of South Sudan

Author

Listed:
  • NASULEA Christian

    (University of Bucharest, Romania)

  • CRETU Beatrice Nicolle

    (University of Bucharest, Romania)

  • MOROIANU Ramona Madalina

    (Academy of Economic Studies, Bucharest, Romania)

Abstract

When South Sudan proclaimed independence from Sudan in 2011, projections were optimistic in that the country's considerable oil resources would secure its viability as the world's newest state. Fast forward five years and South Sudan is grappling with a crippling civil war and facing a dire humanitarian crisis, situation which begs the question: from an economic perspective, is South Sudan a failed experiment in statehood? This paper attempts to tackle the question by analysing South Sudan's main sources of revenue, its current structural deficiencies and the cost of war on its economic development.

Suggested Citation

  • NASULEA Christian & CRETU Beatrice Nicolle & MOROIANU Ramona Madalina, 2016. "All Roads Lead To Juba: An Inquiry Into The Economic Viability Of South Sudan," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 68(6), pages 104-117, December.
  • Handle: RePEc:blg:reveco:v:68:y:2016:i:6:p:104-117
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    More about this item

    Keywords

    economic viability; oil; Sudan; South Sudan;
    All these keywords.

    JEL classification:

    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions

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