Foreign exchange leakages in Sudan

In this study, concerning financial leakages in African economies and considering the conceptual and statistical difficulties alluded to earlier, quantification, perhaps should not be the sole objective of a study on leakages. In Sudan, there has been considerable government involvement in direct productive activities, distribution and finance. This could be attributed to certain historical developments since the colonial days. It is difficult to assess the loss of foreign exchange due to inefficient marketing of cotton. This is so because of differences in grades and quality. A possible source of leakage occurs when it is expected with a high level of probability that there will be a price decrease and yet no price adjustment is allowed for in the contract.

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Bibliographic Details
Format: Technical paper biblioteca
Language:eng
Published: 1983
Online Access:https://hdl.handle.net/10855/41121
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