Export Promotion Policies in the Sudan for the period (1990-2005)

No Thumbnail Available
Date
2015-06-17
Authors
Yasir Mohammed Ali, Musabal
Journal Title
Journal ISSN
Volume Title
Publisher
UOFK
Abstract
This research attempts to investigate and assess the policies of export promotion in the Sudan for the period 1990-2005. In other words, the aim of this research is to know the efficiency of these policies in encouraging Sudanese export. However, before this investigation the research shows theoretically the effects of policies examined and review some empirical studies. Also, the research gives a detailed account of the experience of the Sudan in the field of export polices. The research has applied least squares approach to estimate a multi-regression model in order to know the effect of a set of independent variables such as: excise tax, export tax, export credit and official exchange rate on the dependent variable; exports value. The data was collected from the Bank of Sudan and Ministry of Finance and National Economy. According, to the research findings, the set of the independent variables (except the export credit) have insignificant effect at 5% level of significance. The signs of the parameters of the model (except the parameter associated with the export tax) coincide with the economic theory. The research recommendations include the following: (1) To guarantee the flow of the Sudanese export to the world markets, the financial institutes must provide sufficient amount of credit to exporters in order to enable them to face their commitment. (2) In order to insure the effectiveness of the devaluation policy of exchange rate, Sudan\\\\\\\'s must rehabilitate their infrastructure, produce high quality commodities and engage in the field of processed raw materials for the purpose of exportation so as to gain value added and compete in the world market. (3) Although, the export tax has no impact on total exports value but it my have some effect on single exported commodities. Therefore, the elimination of it is very important in the future in order to avoid it is negative effects and enable these exported goods to compete internationally. (4) In spite of the finding that excise tax has no impact on total exports, but we propose a reduction of this tax in the future in order to motivate the producers to produce commodities for the purpose of exportation and to enhance the competitiveness of exported goods in the world markets
Description
100 page
Keywords
Export ,Promotion, Policies ,Sudan
Citation
Collections