This paper evaluates spatial market integration in cereal markets in Sudan, focusing on wheat and sorghum, two major cereal crops. Sudan’s context provides important insights on the functioning of markets in economies marred by sanctions, conflicts, soaring inflation, and macroeconomic imbalances. We use long-ranging monthly cereal price data and a vector of error-correction cointegration model (VECM) to characterize both short-term and long-term spatial price adjustment across cereal markets
NEW PUBLICATION: Wheat Subsidies, Wheat Markets and Food Security in Sudan: Current State and Options for The Future
This policy note summarizes the key findings from the following four research papers prepared by the International Food Policy Research Institute with financial support by the United States Agency for International Development (USAID)
NEW PUBLICATION: Evaluating Cereal Market (Dis)Integration in Sudan
This paper evaluates spatial market and price transmission in cereal markets in Sudan, focusing on wheat and sorghum, two major cereal crops. We use comprehensive and long-ranging monthly cereal price data and a multivariate vector of error-correction cointegration models (VECM) to characterize both short-term and long-term price transmissions across local cereal markets
NEW PUBLICATION: Distributional Consequences of Wheat Policy in Sudan: a Simulation Model Analysis
Despite reforms in early 2021, including a devaluation of the currency and a liberalization of imports, there remain significant distortions in Sudan’s wheat value chain, especially related to subsidized sales prices of flatbread. This flatbread subsidy, a key component of wheat policy, is not well-targeted..
NEW PUBLICATION: Regional Developments – MENA
By Kibrom Abay, Clemens Breisinger, Dalia Elsabbagh, Hosam Ibrahim, Ahmed Kamaly, and Mariam Raouf
As in most regions, the coronavirus pandemic evolved rapidly in the Middle East and North Africa (MENA), starting as a health crisis in mid-March and later escalating into a large-scale economic crisis affecting the lives and livelihoods of millions of people. Beyond the devastating health impacts and death tolls from COVID-19, the pandemic has added to other serious challenges currently facing the region. These include [...]
