SEATTLE, Washington — Iraq has been facing some extremely difficult times for nearly two decades now. Despite the success in ending the reign of Saddam Hussein, many people view the Iraq War as having been ineffective and ultimately causing more harm than good. While the reign of ISIS in the country has ended, there is still a long way to go on the journey to economic recovery
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This study by IOM Iraq, Returns Working Group (RWG), and Social Inquiry delves into the various issues and challenges that IDPs consider when assessing the affordability of return, and accordingly, the calculations they make when considering whether or not to remain in displacement. According to the report findings, affordability is less an economic calculation tha
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If the Iraqi Kurdish region manages to reform its oil industry, it could become a model for the whole of Iraq. Iraq is one of the most corrupt countries in the world and oil has a lot to do with it. With nearly $100bn in annual revenues coming from oil, which constitutes 90 percent of its budget, the country is a great example of what political economists call "the resource
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Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. In the context of the 2019 Article IV consultation with Iraq, the following documents have been released and are included in this package: A Press Release summarizing the views of the Executive Board as expressed during its July 19, 2019 cons
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ABSTRACT This article deals with economic growth in Iraq when formal institutions are subject to abrupt institutional change. The article follows a quantitative mode of enquiry to determine the impacts of institutional changes on economic performance. I built an expanded and updated version of Rowat’s model for the Iraq war of 2003. Thus, I estimate the effects of oil price,
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