Introduction At no time since the founding of the modern nation of Iraq in 1921 hasthe country faced a greater set of deep-seated and intractable challengesto its fragile state–society relations. In June 2014 the Sunni Arab terror-ist network known in English as the Islamic State of Iraq and Syria (ISIS)conducted a series of highly coordinated and brazen attacks across part
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Twelve months of high drama in Iraqi politics finally ended on October 27, with the investiture of a new government headed by Mohammed Shia’ al-Sudani. Two weeks prior, the Iraqi parliament elected Abdul Latif Rashid as the country’s president following his nomination by the Kurdistan Democratic Party (KDP) to succeed Barham Salih of the Patriotic Union of Kurdistan (PUK). Thes
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Climate Change Inaction Threatens Iraq’s Social Stability and Long-Term Economic Development Prospects Baghdad, Nov 9, 2022 – Climate change, in particular increasing water scarcity, could further threaten Iraq’s fragile social contract under an oil-led growth model that has been a source of economic volatility. According to the new World Bank Group’s Country Climate and Dev
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Although Iraq stands to gain significant revenues from an oil windfall, urgent reforms are needed to ensure these funds benefit the people, not just the elites. After a full year of political stalemate and fierce power struggles, Iraq’s ruling elite have finally managed to form a government led by Mohammed Shia' al-Sudani. Thanks to the surge in international crude oil price
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The World Bank’s new Iraq Economic Monitor, A New Opportunity to Reform finds that high oil prices have boded well for Iraq’s economy pushing fiscal and external balance into double digit surpluses. After growing by 2.8 percent in 2021, GDP growth accelerate in the first half of 2022 to 10.5 percent thanks to rising oil output and a recovery in domestic economic activity after
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