Introduction Since the crash in Iraqi oil prices from US$61.0 (per barrel) at the end of January 2020 to US$20.7 by mid-April 2020, a crisis compounded by the spread of COVID-19 virus, political vacuum, failed ethno-sectarian polity, to mention but a few, the country has been grappling with quasi-existentialist questions? First, can/should Iraq as a country and
Read MoreSEATTLE, 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
Read MoreThis 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
Read MoreUnder 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
Read MoreABSTRACT 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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