By Paulino Akoon Yel Dut, Juba
Generally speaking and honestly, as you could have quite familiar that H.E President Salva Kiir Mayardit is ready to form Transitional Government of National Unity for upcoming 12 November 2019. The economy of South Sudan which was turned downfall would be improved according to my observation analysis. The worse disadvantage of insurrection was caused of economic ruination which is inflation of money like what happened currently in South Sudan. Of course, South Sudan pounds lost its value even though you have holding million of pounds it doesn't mean you're carrying enough money. So economic crisis is mostly happened during the conflicts in the country. War did not only affected economic in the nation, but it also putting human life in risky and cause an outbreak of diseases such as Cholera, Measle and others dangerous contagious and airborne diseases. Displacement of innocent civilians to refugee's camps is account as a huge demerit.
Therefore, I should thank Mr. President for signing revitalized peace agreement. Which is a good moveset for unity of the people of the Republic of South Sudan without segregation. President Salva Kiir Mayardit is a peace lover leader in Africa and particularly to the people of South Sudan. He is working very hard to bring his people together and adjust economic in our sovereign nation (South Sudan). When there is Peace in the nation things are going soothingly without obstacle apparently. Now the peace was signed in our country of which all the businesses should be operating in a country without insecurity.
In fact in this article I narrate more impacts of peace on economic growth in developing countries. Social capacity for building peace is playing an important role through the peace building capacity in determination of economic growth in developing countries like South Sudan rather than proximate determinants of the growth such as capital, labor, technology and liberal market economic policies. Peace measured by scores for peace building capacity has positive effects on economic growth directly and indirectly. Peace environment countries have higher growth than conflict countries. Peace reduces uncertainty and risk hence positively contributes to economic growth in present globalization. Peace has positive effect on physical capital accumulation and human capital accumulation. This effect is more significant than other economic determinants of physical and human capital accumulation. The economies which have peace environment accumulate more physical and human capital accumulation and enhance to economic growth rapidly. Peace contributes to economic growth by the ways of increasing productivity in capital and labor, good governance, tourist arrival and efficient of institutions also. It's a pleasure for 64 tribes of this country waiting for the formation of the new government of South Sudan. Changes Will be seen very soon in terms of economic improvement.
However, so we need economic development in South Sudan that is conducive to peace. Peace through prosperity is the wide and fair participation in the creation and proceeds of growth: jobs, incomes and livelihoods. Economic activities that are both socially and environmentally sustainable also contribute to peace. Finally I urge the youth of this country to cooperate themselves in form of togetherness and support peace and administration of president Salva Kiir Mayardit. Building peace is the leeway for unity, reconciliation and economic adjustment.
The writer is Brig. Gen Paulino (Brown) Akoon Yel Dut, from SSUF/A Peace Wing.
He can be reach
Newer articles:
- Response to the claim that South Sudan violence is political and not ethnic by Archbishop, Rev. Daniel Deng Bol - 17/11/2019 13:39
- Our education system need a reform - 12/11/2019 14:51
- Statement of Prof Dr. John Akec should not be twisted politically - The case of Press Secretary to the President Ateny Week Ateny - 09/11/2019 11:35
- Hon Ajok Wol Atak: Can Woman Make The World More Peaceful And Hold The Key To A Peaceful Society? - 09/11/2019 09:57
- Arrest of Gogrial state Youth leaders - 09/11/2019 09:44
Older news items
- Molana Deng Gai Gatluak: A Right Candidate for the Presidency of S.S.N.Y.U - 27/10/2019 12:32
- New Report by The Sentry Details Impact of Sanctions in Sub-Saharan Africa - 24/10/2019 16:33
- How Do I Deal With Insults And Put-downs, Timeless Advice On Dealing With Insults - 16/10/2019 09:58
- Juba-Bahr-el-Ghazal Road Construction Contract Survives a Breach - 15/10/2019 20:49
- Youth Should Stay Away From Political Uncles - 14/10/2019 17:51
Latest news items (all categories):
- Floods destroy Kitale–Lodwar–Juba highway, disrupt regional business - 09/05/2024 16:41
- Family of journalist Christopher Allen, killed in South Sudan condemn ‘deeply flawed’ inquiry - 09/05/2024 16:37
- Egypt establishes technical high school in South Sudan - 09/05/2024 16:34
- South Sudan: Bishop links missing priest to ethnic, political divides - 09/05/2024 16:30
- Ethiopia Minister of Water and Energy to Attend South Sudan Energy Summit - 09/05/2024 16:25
Random articles (all categories):
- The Shilluk Mourn Dr. Garang While SPLM Celebrate - 31/07/2010 08:39
- South Sudan: UN envoy condemns ‘horrific’ killings of civilians in Jonglei - 30/11/2017 01:36
- Kenya rejects push to seize property of South Sudan leaders - 15/06/2018 18:00
- Sudan, S. Sudan agree to mark borders - 17/02/2012 16:29
- Dodoma sorghum farmers linked to South Sudan market by WFP - 25/10/2021 03:06
Popular articles:
- The Final Communique of SPLM-DC Third Session of the National Council - 29/03/2011 01:00 - Read 75071 times
- Roles and Definition of Political Parties - 29/04/2011 01:00 - Read 59236 times
- Agriculture in Southern Sudan: Challenges and Investment Opportunities - 06/10/2010 01:45 - Read 40694 times
- Fashoda Youth Forum Rehabilitation of Drainage Culverts in Malakal town Report - 07/08/2008 16:22 - Read 29299 times
- Dozens of gunmen on horseback ambush peacekeepers - 24/05/2008 13:47 - Read 25914 times