South Sudan appears headed in the wrong direction. The optimism that accompanied the creation of the new state has now waned and the country appears headed toward a failure that is fueled by power and ethnic rivalries and widespread corruption. This internal wrangling, together with South Sudan’s many unresolved issues with its neighbor to the north, is hampering the great opportunities for economic growth in the country. The country is experiencing worsening economic conditions, including inflationary pressures and depreciation of its currency.
Posted on: Thu, 22 Aug 2013 10:47:01 +0000
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