The Iraqi National Economy – Page 22 – Iraqi Economists Network

Basra, dystopian city. By Peter Harling

BASRA, THE SECOND or third largest city in Iraq, should be a great metropolis, more dynamic than Dubai, Abu Dhabi, Doha or Kuwait City, and should dominate the Gulf. Its port, Umm Qasr, offers the rest of the world access to one of the biggest oil-producing countries, which is also a huge potential consumer market. Hydrocarbons are abundant in the area, and the deposits are c

Iraq has a degree of income equality higher than Germany and triple that of the U.S.A. I measure degree of income equality by the ratio of the income or consumption share of the lowest income quintile of a population to that of the highest, which I designate in Table 1 as . The finding that income inequality in Iraq is low is not particularly new. The 2011 World Bank report

BAGHDAD — “Ramadi has turned into ruins,” said Ouda, a soldier who has been fighting in the Iraqi army’s Seventh Division since mid-2015. Ouda took part in the liberation of Anbar province from the Islamic State (IS), which took hold of the city of Ramadi in May 2015. Al-Monitor met Ouda (a pseudonym), who is a resident of Baghdad, in one of the cafes of the capital during his

The Fund’s mission met with representatives of the Iraqi government. Conflicts and oil’s low prices drove the country’s GDP down 2.1% in 2015, but the organization sees improvement in fiscal policies. São Paulo – In the last few days, a mission from the INTERNATIONAL Monetary Fund (IMF) met with representatives from the Iraqi government in AMMAN, Jordan, for a Staff-Monitored

BAGHDAD, March 26, 2016 –World Bank Group President Jim Yong Kim told a special session of the Iraqi parliament today that the path to stability and shared growth in Iraq lay in empowering local governments, opening up and diversifying the economy, and improving the management of public finances by reforming the public sector and increasing accountability. The speech came duri