International Journal of Accounting Research

Department of Economics, School of Economics, Abrar University, Mogadishu, Somalia

Publications

• Research Article   
  Inflation in Somalia Causes and Consequences
  Author(s): Abdirahman Jimale Adan*, Abdiaziz Ahmed Ibrahim and Jamaal Mohamud Hussein
  
  The first purpose of this research is to examine factors that cause inflation in Somalia in 2022. The causes include droughts in the country, COVID-19 and Russian Ukraine war. The second purpose is to analyze the effect of inflation on households’ standard of living. In order to assess the causes and consequences of inflation on Somali economy, the researcher adopted an analytical descriptive approach. To collect primary data questionnaire is conducted with different groups of people (e.g. merchants, household, and bankers). The research reveals that droughts in the country, COVID-19 and Russian Ukraine war contributed to the increase of inflation in Somalia, and also concluded that inflation has a negative impact on many aspects of Somali economy the most important of which is its impact on purchasing power, commodity price and economic condition of the hou.. View more»
  

  DOI: 10.35248/2472-114X.23.11.332

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