Personality Traits as Predictors of Loss Aversion and Status Quo Bias in Public Procurement Professionals

Purpose: The purpose of this study was to examine and contribute to the understanding of the complexities surrounding green economy concept in South Sudan. The study relied much on Malthus theory. Methodology: The study used qualitative research methodology where an interview guide and focused group discussion were used to gather data which was then coded in themes. A sample of 150 respondents were selected using purposive sampling technique. These included the Members of Parliament, Technical staff from the Ministry of environment and forestry, local government and community members. Members of parliament were chosen because parliament’s role was to allocate funds to government projects and hence a political goodwill for green economy. The researcher further reviewed case studies and articles for a better understanding of the complexities of green economy. Findings: Key findings showed that although the Ministry of Environment and Forestry had a policy on green economy there was no framework regulation for operationalization of the policy implementation. The study further found out that due to lack of regulations, there was no budget allocation for green economy hence, left to donors and NGOs. Unique Contribution to Theory, Practice and Policy: The study therefore recommended for stringent regulations to be enhanced and budget allocations for green economy.  The study further recommended for the involvement of private investment partners in green economy whose focus was on growing wealth that will support wellbeing. The wealth in this case is not merely financial but includes the full range of human, social, physical and natural capitals as it further promotes equitable distribution of opportunity outcomes, thus reduces disparities between people while giving sufficient space for wildlife and wilderness.