Social Spending and Economic Growth in the Sudan. An Econometric Perspective

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Wissenschaftlicher Aufsatz aus dem Jahr 2014 im Fachbereich BWL - Sonstiges, , Sprache: Deutsch, Abstract: This paper takes into account the recent role of social spending on development. Social spending outcome in Sudan is influenced by limited targeting actions with very low interventions between results in economic growth and accesses to basic social services. An econometric model's results show that more social spending in the short run increases output which enhances GDP per capita growth by 0.5% with 3.1% towards convergence equilibrium in the long run.