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Article
AN ANALYSIS OF THE LINKAGE BETWEEN INFLATION RATE, FOREIGN DEBT, UNEMPLOYMENT AND ECONOMIC GROWTH IN SUDAN
JOURNAL OF ECONOMICS AND INTERNATIONAL BUSINESS RESEARCH (JEIBR) (2014)
  • Yagoub Elryah, Dr., Xiamen University
Abstract

After secession of South Sudan, Sudan economy was decline due to losing of oil revenue. The government introduced the austerity measures and fault to recover the economy. The inflation was risen, the unemployment increased among Sudanese. The aim of this article was to analyze the relationship between inflation, unemployment, external debt and economic growth in Sudan. We considered Unit root technique (Augmented Dickey – Fuller Test) to find out long run equilibrium among using time series between 1980 and 2013. We show that all two public debts and unemployment have a direct and significant influence on economic growth. It was also found the GDP growth and imports of goods and services have significant long run impact on inflation in Sudan.

Keywords
  • Economic growth,
  • external debt,
  • inflation,
  • unemployment,
  • unit root,
  • Sudan
Publication Date
Summer April 6, 2014
Publisher Statement
I have published this paper while I am doing PhD at Xiamen University.
Citation Information
Yagoub Elryah. "AN ANALYSIS OF THE LINKAGE BETWEEN INFLATION RATE, FOREIGN DEBT, UNEMPLOYMENT AND ECONOMIC GROWTH IN SUDAN" JOURNAL OF ECONOMICS AND INTERNATIONAL BUSINESS RESEARCH (JEIBR) Vol. 2 Iss. 3 (2014)
Available at: http://works.bepress.com/yagoub_elryah/34/