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The political economy of fiscal institutions and macroeconomic management in Sudan
Author
Source
Economic Research Forum : Working Paper Series
Issue
Vol. 2016, Issue 979-1073 (31 Dec. 2016), pp.1-43, 43 p.
Publisher
Economic Research Forum for the Arab Countries Iran and Turkey
Publication Date
2016-12-31
Country of Publication
Egypt
No. of Pages
43
Main Subjects
Economics & Business Administration
Abstract EN
The literature on distributive politics indicates that many low-income countries are saddled with extractive institutions that not only contribute to politically biased fiscal outcomes, but tend to undermine long-run real growth.
An analytical narrative based on the critical juncture and path dependence general equilibrium approach is utilized to highlight the effects of the political institutions on the fiscal policy outcomes in Sudan and indicate their mechanisms of perpetuation.
The results suggest that Sudan has experience two critical junctures that featured, respectively, the path-dependence of public source of finance and budgeting based on cotton and its eventual destruction.
The political patronage appears to be the major mechanism of reproduction of the ‘path dependent’ state development including the source of public revenue.
But, the greater centralization of power and parsonage networks has resulted in problematic incorporation of the rural communities triggering a process of territorial fragmentation that escalated into open civil wars, contributed to the cumulative decline of the historic source of public finance and eventually led to the breakup of the state.
The policy implications of these findings are outlined.
American Psychological Association (APA)
Suliman, Kabbashi M.. 2016. The political economy of fiscal institutions and macroeconomic management in Sudan. Economic Research Forum : Working Paper Series،Vol. 2016, no. 979-1073, pp.1-43.
https://search.emarefa.net/detail/BIM-729473
Modern Language Association (MLA)
Suliman, Kabbashi M.. The political economy of fiscal institutions and macroeconomic management in Sudan. Economic Research Forum : Working Paper Series No. 979-1073 (Dec. 2016), pp.1-43.
https://search.emarefa.net/detail/BIM-729473
American Medical Association (AMA)
Suliman, Kabbashi M.. The political economy of fiscal institutions and macroeconomic management in Sudan. Economic Research Forum : Working Paper Series. 2016. Vol. 2016, no. 979-1073, pp.1-43.
https://search.emarefa.net/detail/BIM-729473
Data Type
Journal Articles
Language
English
Notes
Includes appendices : p. 33-43
Record ID
BIM-729473