The Iraqi National Economy – Iraqi Economists Network

Iraq’s Oil Industry Rocked By Two New Corruption Scandals. By Simon Watkins

Barely a month goes by without yet another corruption scandal emerging or developing in Iraq. Whether it be the Barzanis’ industrial-scale corruption in the semi-autonomous region of Kurdistan or the endemic multi-level corruption in the south it is little wonder that Iraq ranks as one of the very worst countries in the world for bribery and corruption. The

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 "

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

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,

The nearly year-old cabinet of Adel Abdul-Mahdi, the prime minister, has, in its regular weekly meeting on Tuesday, September 17, 2019, “approved the draft ‘Construction Council’ Bill [Miswadat Qānūn ‘Majlis al-I’mār’ - 2019] and forwarded it to the Council of Representatives”- the Iraqi Parliament for approval (https://gds.gov.iq/ar/cabinet-approves-the-draft-construction-coun