Breaking Report Exposes Sudan’s Hidden Economic Implosion
“A foundation eaten away by twin termites of corruption and excessive security spending”
September 17, 2014 — The Sudanese economy faces serious economic vulnerabilities that have been hidden by the government and whitewashed by the IMF and World Bank, reveals a breaking report published today by the Enough Project, “Watching the Bubble Burst: Political Implications of Sudan's Economic Implosion.”
The in-depth report by Eric Reeves, Senior Fellow at the Enough Project and Professor at Smith College, details the importance of targeted sanctions and presents a case for further punitive measures by the international community in response to war crimes and crimes against humanity perpetrated by the Sudanese government.
Eric Reeves, author of the report, said: "What is clear is the importance of sanctions that target those most culpable in destruction and suffering that have been concealed for years. Targeted sanctions directed at al-Bashir and his cohort of political cronies and culpable senior army officers would serve as a warning to others complicit in atrocity crimes, weaken these men politically, and strip them of assets that belong to the people of Sudan.”
"Effective targeted sanctions will require the commitment of significant financial and forensic resources,” said Dr. Reeves. “But without the cooperation of the Europeans and enhanced efforts by the United States, the brutal men in Khartoum will continue to enjoy their dwindling days of tyranny."
John Prendergast, Founding Director of the Enough Project, said: “Dr. Reeves’ report scratches beneath the surface of IMF and World Bank reports on the Sudanese economy, revealing a foundation eaten away by the twin termites of corruption and excessive security spending.”
"Eric Reeves has been a powerful voice for years in support of more robust action to counter the atrocities committed by the Khartoum government,” said Prendergast. “We hope this work can inspire a greater commitment by the United States and the broader international community to sustainable peace and human rights in Sudan.”
“Watching the Bubble Burst” launches two Enough Project initiatives: an Enough Forum where expert commentary will be solicited on key issues related to the Horn, East and Central Africa, and a series of reports and investigations into the economic roots of conflict and crisis in Sudan and South Sudan.
Link to the full report “Watching the Bubble Burst: Political Implications of Sudan's Economic Implosion”: http://eno.ug/1maCY89
Presented by the Enough Project, the Enough Forum is a platform for dynamic discourse engaging critical issues, challenges and questions among thought leaders, field researchers and policy experts.
The Enough Project is a project of the Center for American Progress to end genocide and crimes against humanity. Founded in 2007, Enough focuses on the crises in Sudan, South Sudan, eastern Congo, and areas affected by the Lord’s Resistance Army. Enough conducts intensive field research, develops practical policies to address these crises, and shares sensible tools to empower citizens and groups working for change. To learn more: www.enoughproject.org.