South Sudan: 'Dead Aid': Is There Any Hope Left for South Sudan's Economy?

Sep 28, 2014 | Al Bawaba
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When South Sudan was born, the world's youngest country had generous Western allies and sturdy oil exports, a formula that offered a chance to build a modern economy and drag its people out of their daily struggle to feed themselves.

Three years on, ethnic-fuelled conflict has flared, oil money has been spirited away through corruption or squandered on war and a nation that sits on Sub-Saharan Africa's third biggest reserves of crude is sliding towards famine.