@article{Elsheikh:231373,
      recid = {231373},
      author = {Elsheikh, Omer Elgaili and Elbushra, Azharia Abdelbagi and  Salih, Ali A. A.},
      title = {Impacts of Changes in Exchange Rate and International  Prices on Agriculture and Economy of the Sudan: Computable  General Equilibrium Analysis},
      journal = {Sustainable Agriculture Research},
      address = {2012},
      number = {526-2016-37842},
      year = {2012},
      abstract = {Changes in exchange rate and international prices greatly  affect food availability, the agricultural sector, and  Gross Domestic Product (GDP). This study quantifies the  effects of change in exchange rate and world prices on  Sudan’s agricultural production, imports, exports, and GDP.  Special emphasis has been placed on sorghum and wheat, the  main food grains. A Standard Computable General Equilibrium  model has been developed and used for the analysis. The  main objective is to contribute to policy-making process  for enhancing food security and social welfare in the  Sudan.

Currency depreciation would reduce wheat imports  and increase its domestic production, increase sorghum  export, increase domestic output and export of sesame and  cotton, and improves GDP; and vice versa for appreciation.  Appreciation favors urban (wheat) consumers, whereas  depreciation favors rural (sorghum) consumers.

Increasing  world price of wheat would decrease its imports, whereas  that of sorghum would encourage its production and export,  and increase domestic food prices. GDP decreases due to  investment reduction.

It is recommended that wheat import  should be conditioned on hard currency availability and  food gap, while maintaining stable exchange rate that  strike a balance between encouraging sorghum exports and  wheat imports. It is also recommended to encourage  innovation of fast food from traditional grains to curb the  shift to wheat consumption.},
      url = {http://ageconsearch.umn.edu/record/231373},
      doi = {https://doi.org/10.22004/ag.econ.231373},
}