The book analyzes distorted structures of the monetary and banking systems in developing countries which are common features. They negatively affect their macroeconomic efficiency and eventually lead to economic distorted performance and distortions. Sudan as an example of LDCs the banking...

In 1992 when Bill Clinton was elected president of the United States the national annual deficit was projected to rise to more than $357 billion by the end of his first term in office. The total deficit was projected to rise to more than $3 trillion, the highest in United States history. To the...

Although India has been ‘reforming' since 1991, almost nobody seems to be satisfied with either the progress or the outcome. The reformers need to put the economy's long-term interests above financial sector short-termism, reorganise the domestic financial system to keep credit productive and...

Economic planning is a term used to describe the long term plans of an incumbent government to manage the economy. Planning is defined as conceiving, initiating, regulating and controlling economic activity by the state according to set priorities with a view to achieving well-defined objectives...

Nowadays, Sudan suffers severe financial crisis with the demise of 75% of its oil revenues that represented over 90% of its foreign currency after the secession of its Southern part after a constitutional referendum. The compensatory revenues generating economic sectors are not able in the...

The paper provides a comprehensive overview of the historical problems and causes of the crisis, explains the choices available for the peripheral EU countries and the potential consequences, and discusses potential solutions which take into account how the EU operates. The Eurozone still makes...

The newly born, one year old State of Southern Sudan faces multiple challenges, economic, administrative, ethnic and most of all, civil conflicts with its previous mother country, Sudan. Building a state is an arduous mission and building a nation comprised of many ethnicities is the most...

The crisis of Southern Sudan and eminent secession in 9 July 2011 is a nightmare to the Sudanese national economy. The dependence on oil revenue that controlled the country for the past 11 years and negligence of the other real economy's economic sectors, agriculture and industry severely...