South Sudan gained independence from Sudan in 2011, but has been embroiled in civil conflict ever since. This instability has hampered the ability of the country to lay the groundwork for developing its economy. The evidence shows that there is a pathway to economic development, even for the least-developed country, and this paper will elaborate on what those steps might be.South Sudan is a landlocked country of 12.5 million people that split off from the Sudan in 2011. South Sudan is a multiethnic society, with different tribal groups living in the basin of the White Nile, which flows from Lake Victoria until it meets with the Blue Nile. The split of Sudan came after years of civil war. The north of Sudan was Muslim, the south Christian, and that is largely the fault line along which the border between Sudan and South Sudan is presently split. The country is one of the least-developed on earth. GDP per capita is around $2,000, ranking 203rd in the world, between Uganda and the Solomon Islands. Its level of development is, however, in line with that of its neighbors. The country has potential oil wealth, however, ranking in between Malaysia and Indonesia in terms of proved reserves, but having no refining capacity (CIA World Factbook, 2016).
Democracies like Canada and Norway do just fine, but so do absolute monarchies like Qatar and the different United Arab Emirates. It is questionable as to whether there are lessons to be learned with respect to the distribution of revenues from oil development. If there are, they come from other multi-ethnic African countries like Nigeria. More likely, the lessons learned will reflect the means by which economic growth is generated. If South Sudan has oil, how best might that resource be exploited.
Economic development of Eastern and Western Europe over the course of the nineteenth and twentieth centuries obviously differed, but not to the extent that historians or economists have frequently imagined. Put simply, the economic histories of Eastern and Western Europe are frequently viewed according to either region's differing political organizations, with the capitalist West opposed to the Communist East, but in reality, the period of time defined by the rise
Economic Development and Trade In an era of increased globalization and advancements in technology, it has become increasingly important for all of the nations of the world to keep bringing improvements in their economic infrastructure and to expand their businesses on the global scale. It has been observed that without a reasonable level of economic development any country cannot gain a competitive position in the world market. This is the dilemma
What is Development?Political development can be broadly defined as the process by which a society transitions from an authoritarian regime to a more democratic one. There are a number of factors that contribute to political development, including economic development, social change, and the spread of education and information (Charfeddine & Mrabet, 2017). In general, political development is a gradual process, and it can take many years for a society to
3-0.27 France 1.6-0.25 Germany 2.1-0.19 Italy 1.9-0.24 Japan 1.9-0.19 UK 1.4-0.40 US 1.0-0.41 Source Kodakanchi et al. (2006) citing Schreyer (1999), Table, page 19 Further reported by Kodakanchi et. al, is the fact that one of the African countries, and there are many, that faces poverty and inequality disaster is the country of Ghana. Advances in technology in Ghana are stated to be "meager since its independence in 1957." (2006) the economic development model based on it for
More importantly, the puritans had considered essential for the future of economic success the access to education and therefore established elementary schools throughout the state (Wright, 1947). Therefore, the degree of literacy was greater than in other parts of the country because there was a comprehensive access to education. By comparison, the South was different in this area. The southern society had a particular system of private tutoring which allowed
Kenya: A Case Study in Reform From its rough beginnings, Kenya has instituted a series of economic reforms in an attempt to raise the condition of the Kenyan people. They are an attempt to bring the Kenyan people out of a state of poverty and repression to one of stability and security about their ability to sustain themselves. Each reform has been better than the last, but they are still far