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The Macroeconomic Environment for Jobs in South Sudan : Jobs, Recovery, and Peacebuilding in Urban South Sudan - Technical Report II / Joseph Mawejje.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Mawejje, Joseph.
- Series:
- Other papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Access to Finance.
- Commodities.
- Currencies and Exchange Rates.
- Economic Growth.
- Finance and Financial Sector Development.
- Fiscal and Monetary Policy.
- Fiscal Policy.
- Inflation.
- Macroeconomics and Economic Growth.
- Public Sector Development.
- Local Subjects:
- Access to Finance.
- Commodities.
- Currencies and Exchange Rates.
- Economic Growth.
- Finance and Financial Sector Development.
- Fiscal and Monetary Policy.
- Fiscal Policy.
- Inflation.
- Macroeconomics and Economic Growth.
- Public Sector Development.
- Other Title:
- Macroeconomic Environment for Jobs in South Sudan
- Place of Publication:
- Washington, D.C. : The World Bank, 2020.
- System Details:
- data file
- Summary:
- This study assesses the macro-fiscal framework for jobs in South Sudan, working with the limited macro-fiscal data available on the fiscal years 2019 and 2020. The macroeconomic environment can hardly be more difficult for South Sudanese looking to make a living. For workers, the dramatic contraction of non-oil output since the beginning of the conflict reflected a loss of job activities and a breakdown in market demand. A 60-fold increase in prices since before the conflict poses a serious obstacle to job activities, while an overvalued exchange rate weakens incentives. The oil sector is a big part of the economy, and the budget is dependent on oil revenue - but with weak governance, too little spending goes toward investment in development. The public sector in employment is large and a source of patronage, but it has an important function as a source of demand for goods and services. The study is one of a set of four reports assessing different aspects of jobs in urban South Sudan in order to formulate policy for recovery.
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