The International Crisis Group published on 26 April 2017 a report titled "Instruments of Pain (II): Conflict and Famine in South Sudan."
Some 100,000 South Sudanese are now suffering famine conditions with another 5.5 million at risk. The UN has requested $1.6 billion to address the humanitarian crisis but received pledges so far of only $439 million. This crisis has been caused largely by poor leadership and governance in South Sudan.
Showing posts with label hyperinflation. Show all posts
Showing posts with label hyperinflation. Show all posts
Wednesday, April 26, 2017
Saturday, February 25, 2017
Is South Sudan Hyperinflating?
The Johns Hopkins Institute for Applied Economics, Global Health, and Study of Business Enterprise published in February 2017 a study titled "Is South Sudan Hyperinflating?" by Steve H. Hanke.
The author concluded that at the end of 2016 the annual (year over year) inflation rate was an elevated 390 percent. But South Sudan did not sustain a monthly inflation rate above 50 percent for 30 consecutive days and, thus, did not experience hyperinflation.
The author concluded that at the end of 2016 the annual (year over year) inflation rate was an elevated 390 percent. But South Sudan did not sustain a monthly inflation rate above 50 percent for 30 consecutive days and, thus, did not experience hyperinflation.
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