Wednesday, February 3, 2016

Poverty and Currency Floating in South Sudan

The Juba-based Sudd Institute published on 8 January 2016 an analysis titled "Poverty and Currency Floating in South Sudan" by Augustino Ting Mayai, director of research at the Sudd Institute.

The paper analyzes the extent to which the floating of the South Sudanese pound impacts the living standards of South Sudanese.  It argues that increasing the price of imported goods via currency floating without augmenting basic wages or subsidizing basic consumption goods is a riskier policy than maintaining the status quo. 

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