. . AREA(s) OF CONCERN . .
Sudan's highest area of concern:
Sudan's highest area of concern, from the ones that I studied ( Inflation, Unemployment, GDP, GDP per capita, and GDP Growth ), is INFLATION!
Sudan's inflation is really high. South Sudan's inflation is also very high. High inflation leads to very unhappy and concerned citizens. I think that this is the first thing that needs to be stabilized. If inflation gets out of control, then Sudanese money will be worth nothing. It does not matter how much money households are earning or what percentage rates are at. With high inflation rates, tons of money will only be able to buy a little bit of goods and services. Inflation rates need to be brought way down, and stabilized, in both Sudan and South Sudan.
Here's a recent article regarding Sudan's high inflation and its effect on food prices.
A second area of concern for me would be the per capita GDP. Compared to the World economy, it's like nothing. $2,000.00 a year for a family sucks no matter where you live. People in Sudan and South Sudan need to get higher living standards, get usable skill sets, and increase individual spending power NOW!
Sudan's inflation is really high. South Sudan's inflation is also very high. High inflation leads to very unhappy and concerned citizens. I think that this is the first thing that needs to be stabilized. If inflation gets out of control, then Sudanese money will be worth nothing. It does not matter how much money households are earning or what percentage rates are at. With high inflation rates, tons of money will only be able to buy a little bit of goods and services. Inflation rates need to be brought way down, and stabilized, in both Sudan and South Sudan.
Here's a recent article regarding Sudan's high inflation and its effect on food prices.
A second area of concern for me would be the per capita GDP. Compared to the World economy, it's like nothing. $2,000.00 a year for a family sucks no matter where you live. People in Sudan and South Sudan need to get higher living standards, get usable skill sets, and increase individual spending power NOW!