The Expatriate Workers' Remittances, Parallel Foreign Exchange Market and Macroeconomic Performance in Sudan

The Expatriate Workers' Remittances, Parallel Foreign Exchange Market and Macroeconomic Performance in Sudan

Author: 
Elbadawi, Ibrahim A.
Place: 
Oxford
Publisher: 
Oxford University Press
Date published: 
1994
Record type: 
Journal Title: 
Journal of African Economies
Source: 
Journal of African Economies Volume 3 Issue3 December 1994 pp. 481–512
Abstract: 

The results of this paper show that higher premiums have deleterious effects on official exports and tax revenue from foreign trade, also as expected a high premium tends to accelerate capital flight. The results of the paper also show that there exists weak evidence that controlling inflation becomes more difficult under high premium regimes. The implications of these findings for future economic reform in Sudan, especially regarding enhancing remittances by expatriate Sudanese working abroad and reversing of capital flight, are indicated

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Country focus: 

CITATION: Elbadawi, Ibrahim A.. The Expatriate Workers' Remittances, Parallel Foreign Exchange Market and Macroeconomic Performance in Sudan . Oxford : Oxford University Press , 1994. Journal of African Economies Volume 3 Issue3 December 1994 pp. 481–512 - Available at: https://library.au.int/expatriate-workers-remittances-parallel-foreign-exchange-market-and-macroeconomic-performance-sudan