Throughout history, financial crises have been met with innovative reform plans that help develop the resilience of a country’s economic system, except when it comes to Iraq. All major oil producing countries have developed sovereign wealth funds to help mitigate the effects of potential price drops on their economies,...
The multiple aspects of economic shocks lead to the process of draining the economic resources available to countries, particularly those with Rent Economy, which are the most politically, economically, and socially vulnerable economies, sometimes generating large fiscal deficits or intensifying public debt and major concerns about oil revenue collection;...
Those who do not understand or cannot understand history; will not understand the present, and those who deny the facts of history; are in denial of reality; Even if they don't say so. Ibn Khaldun says: “History on its face is nothing more than news, but at the heart...
Epidemics since old - plague, smallpox, malaria, cholera, Spanish influenza, have affected civilizations; Many of them have had major repercussions on societies, beginning with a large number of deaths they have left, to make human beings think more deeply about human existence. After humanity (particularly the developed countries) took...
Raafat Al-Baldawi: Researcher Specialist in Economic Affairs, Master of Finance Studies - University of Baghdad.
In Iraq, all those who are decision-makers, active politicians, and specialists in various economic fields speak of economic reform as one of the lifeguards of the economy. In fact, none of the successive Governments...
The current policies may cause an economic crisis equal to what happened in Lebanon after the sharp drop in oil prices, the budget deficit, and the delay in paying salaries.
The current government has been working on immediate economic reform to push the financial crisis for some time. It has...
Dr. Mazen Al Aboudi, Ph.D. Geology – Expert at Alnajah Center For Training & Development.
Everyone might agree on describing the Iraqi economy as a rentier economy (The first man to use the term rentier economy as a form of financial return is Adam Smith in his book The Wealth of...
Many say that in the long run, the US will need the oil of the Middle East to compensate for the depletion of crude oil reserves in its production centers. In contrast, the current volume of its consumption and its need for Middle East oil has diminished compared to...
By Roza Mohammed
Abstract:
Many countries in the MENA (Middle East and North Africa) region are going through a transformation in their employment/recruitment and selection practices within the public sector, this has led to reforms in the public sector. In the past decade, the MENA region has survived many socioeconomic and...
Ahmed Tabaqchali
Introduction
The current debate over the interpretation of the 2019 budget that governs the Kurdistan Regional Government’s (KRG) share of the federal budget in return for contributing 250,000 bbl/d to federal oil exports has echoes of the first conflict in April 2012 on the issue. The adept quote above...
