Once used by only a few countries around the world ,Sovereign Wealth Funds( SWF )are becoming an increasingly common feature of international finance†and state-led economic development .An increasing number of countries ,predominantly developing countries, who rely on the export of commodities such as hydrocarbons and minerals are creating SWF portfolios .The exact motivation behind creating...
The path to recovery and reconstruction in post-conflict Iraq is fraught with pitfalls. The new government will need to tread carefully if it is to maintain macroeconomic stability and fiscal discipline, while trying to address the urgent needs of citizens through improved service delivery, job creation and protecting security...
Among the most important questions awaiting the next Iraqi government will be how to rein in public sector spending while simultaneously addressing the needs of 2.5 million unemployed Iraqis who urgently require jobs. With the national unemployment rate currently at 16percent, there is consensus within policymaking circles that job...
The escalating dispute between the United States and Turkey has strained ties between the two NATO members to a point not seen since 1974, when Turkish forces invaded Northern Cyprus, which pushed relations to the verge of collapse.
The current crisis in Turkey is due to a number of factors,...
The term "Big Data" is a broad definition that covers all data relating to institutions and individuals. Data extraction is one way of accessing information.
Data extraction techniques reveal the information behind the data and how to interpret it. In other words, it is defined as a process used to...
Domestic tourism - historically - is the primary form of tourism that persists to this today and represents the bulk of global tourism activity. Economists at the World Tourism Organisation estimate that domestic tourism at the global level represents two-thirds of total tourism.
Domestic or local tourism is a tourist...
Small and medium-sized enterprises (SMEs) represent the economic back-bone of developed countries because these entities invest their human resources in a variety of economic activities. This investment leads to the building of strong economies without the necessity for citizens to depend on governments and public-sector employment. On studying the...
Iraqi Airways is often criticised for neglect and mismanagement, and for the continued decline in its performance and services. It has become synonymous with failure to meet deadlines and constant delays and the cancellation of flights without warning, all to the detriment of its passengers. These and other matters...
The Iraqi government has begun to privatize the electricity sector amid much skepticism. The issue of privatization has quickly become controversial one among political factions, especially after the vocal opposition of five southern provinces, namely Dhi Qar, Muthanna, Wasit, Diwaniyah, and Najaf. Privatization is driven by well-established reasons, such...
Iraq marked an important milestone last week after it wrapped up its first independent bond sale worth US$1 billion. Iraqi government officials and advisors completed a weeklong roadshow that included stops in London, Boston and New York. Citi, Deutsche Bank, JPMorgan and the Trade Bank of Iraq were the...
