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Adjustment Policies and the Current Account Balance: Empirical Evidence from Sudan

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  • Bannaga, Alamedin A.

Abstract

The paper seeks to assess the impact of adjustment reforms on Sudan taking the current account balance as policy performance indicator. The paper shows that the government own reforms were more effective than those imposed by the IMF or the World Bank. It further illustrates that both policy and non-factors are responsible to the same degree in deriving current account deficit in the long run specifically inefficiency in exchange rate policy and structural and demographic factors.

Suggested Citation

  • Bannaga, Alamedin A., 2004. "Adjustment Policies and the Current Account Balance: Empirical Evidence from Sudan," Development Economics and Public Policy Working Papers 30546, University of Manchester, Institute for Development Policy and Management (IDPM).
  • Handle: RePEc:ags:idpmde:30546
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    References listed on IDEAS

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    6. Bound, John & Johnson, George, 1992. "Changes in the Structure of Wages in the 1980's: An Evaluation of Alternative Explanations," American Economic Review, American Economic Association, vol. 82(3), pages 371-392, June.
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    Keywords

    Political Economy;

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