For full text of the paper including end-of-paper tables and appendix, click PDF file Synopsis A set of macroeconomic, development and social issues is taken-up in this paper. The argument starts from the fact that a construction boom is forthcoming, which is initiated and fuelled by sizable investment programmes. This is bound to raise important policy issues and unleash a hos
Read MoreFor full text of the paper including end-of-paper tables and appendix, click PDF file. I. Introduction[i] The flaring of gas has been going on in Iraq for more than seventy years. In 2008, Iraq was classified as the fourth largest gas-flaring country (After Russia, Nigeria, and Iran), GGFR (2009). Furthermore, the utilization of produced gas has deteriorated from 30 percent dur
Read MoreFor full text of the paper including end-of-paper tables and appendix, click PDF file. Introduction and summary Since the establishment of the Arab League in 1945, efforts to free trade amongst Arab countries were considered vital steps on the way to realise economic (and ultimately political) unity. In spite of the impressive array of institutions and structures created within
Read MoreFor full text of the paper including end-of-paper tables and appendix, click PDF file. Abstract The paper, first, looks at the multifaceted benchmarks that have been included in the various international arrangements with Iraq, post 2003, as conditions for aid and debt reduction. It is noted that for non-Paris Club debt the fulfillment of these benchmarks is only a ne
Read MoreFor full text of the paper including end-of-paper tables and Appendix, click PDF file. Introduction After long years of waste, there is now an agreement/deal that could transform mostly zero-value natural gas into positive domestic benefits and export profits. It was signed in November 2011, between the Iraqi South Gas Company, SGC, and an alliance of subsidiaries of Shell and
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