Sudan was largely cut off from formal commerce with the outside world. Everything from agricultural equipment to pharmaceutical goods and medical technology became hard to procure. In 2008, Sudan’s national carrier, Sudan Airways, was grounded for failing safety tests because it could not access spare parts. With very little to export – apart from gum arabic, a binding agent used in soft drinks, which was exempted from the embargo thanks to the successful lobbying of large soft drinks manufacturers – the foundations of Sudan’s already weak economy began to tremble. Unable to make money, the government began to print it, and Sudan’s economy entered a spiral of inflation.
If that combination of Colin Hines’ “progressive protectionism” and Richard Murphy’s MMT were correct then Sudan should be gloriously wealthy right now.
Just so difficult to explain, isn’t it?
Because it’s full of Sudanese?
I’m sure the lady would therefore definitely agree that all this nonsense about reparations for slavery – by whites not the blacks that sold them – and the wickedness of Europeans – but not others – in conquering parts of the world is all rubbish.
O, ye mocking fools!
Progressive protectionism and MMT were not done properly! had they been done properly, Sudan would be rich.
But underneath even that chilling truth, there is a deeper one – progressive protectionism and MMT are deeply flawed; they are not fit mechanisms for a real people, just the fruits of the white man’s patriarchy and oppressive colonialism.
Sudan Airways, was grounded for failing safety tests because it could not access spare parts.
As BiTiN says, it wasn’t done properly. All they needed to do was use their unlimited government money to build spare parts factories.
Boganboy
And of course it was General Gordon who ended slavery in the Sudan.
( By the way Sudan was never actually GB colony. It was called an Anglo Egyptian Condominium. Which sounds rather racy).
“It was called an Anglo Egyptian Condominium. Which sounds rather racy.”
Sounds more like a block of holiday flats in Sharm El Sheikh.