Oil Revenue and People’s Socio-Economic Status in Unity State, South Sudan.
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Date
2014-11
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, College of Economics and Management.
Abstract
The purpose of this study was to find out the extent at which oil revenue management
impacts on people’s socio-economic status in Unity State, South Sudan. In fulfilling this
purpose, the following research objectives were set and these included: to establish
effectiveness of oil revenue management; to examine socio-economic status of people
in Unity State; and to establish relationship between oil revenue management and
people’s socio-economic status in Unity State.
Descriptive correlation design was used in this study and Slovene’s formula was also
used to determine a sample size of 171 respondents from 300 study population and the
sampling was done by the use of systematic random sampling. Self-administered
questionnaires and interview guides were used as research instruments for data
collection and validity and reliability of research instruments were done using Content
Validity Index and pre-testing. Both qualitative and quantitative data analyses were
employed. Mean, standard deviations were employed to determine the effectiveness oil
revenue management and people’s socio-economic status while correlation matrix and
regression model analysis were applied to establish the relationship between
independent and dependent variables.
Study findings reveal that oil revenue management in Unity State is still ineffectively
managed and this was verified by overall mean average of 2.41. People’s socio
economic status in Unity State was also lowly rated and this was confirmed by the
overall average mean of 2.33. Concerning the relationship between the oil revenue
management and people’s socio-economic status, the research findings reveal that
there is positive and significant relationship between the two study variables and this
was confirmed by the r= 0.981, R2=0.962; beta=0.981 and Sig=0.000.
The study concluded that oil revenue in Unity State is still ineffectively managed;
people’s socio-economic status is still low; and that an improvement in oil revenue
management can significantly boost people’s socio-economic status in Unity State,
South Sudan by benefiting directly or indirectly from oil revenue. Directly from the
projects funded from the revenue and indirectly from employment opportunities etc.
The study recommended that the government of South Sudan should streamline policy
framework regarding oil revenue management; offer further training for those in charge
of oil revenue; work hand in hand with international development agencies; and high
external experts so as to improve on oil revenue management so that the socio
economic status of people in Unity State.
Description
A Thesis Presented to the College of Higher Degrees and Research of Kampala International University Kampala, Uganda In Partial Fulfillment of the Requirements for the award of a Degree of Master of Arts in Economic Policy and Planning.
Keywords
Oil, Revenue, South Sudan