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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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
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The public’s demands are just and their patience is all but gone, so Baghdad needs to get on with the hard work of opening up the economy and providing critical services before the violence spirals out of control. While Washington focuses on getting Baghdad to rein in militias and end its dependency on Iranian energy, Iraqi citizens have been seething about other matters. Fuel
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Bitter experiences of reconstruction in the last two decades have made the international community hesitant to engage in robust reconstruction activities. Iraq’s reconstruction after the United States-led invasion in 2003 contributed significantly to this reluctance. Between 2003 and 2014, more than $220 billion were spent on rebuilding the country. Despite the huge a
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PREFACE The World Investment Report supports policymakers by monitoring global and regional foreign direct investment trends and documenting national and international investment policy developments. The policy chapter of this year’s report takes stock of efforts being made towards the reform of international investment agreements and surveys new measures. Inc
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