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FEATURES OF IRAQI ECONOMY: COMPARTIVE STUDY TO SOME ECONOMIC ELEMENTS FOR THE YEARS (1990-1995-2000-2005-2010-2015-2019)

Year 2019, , 1414 - 1422, 14.01.2020
https://doi.org/10.18769/ijasos.592113

Abstract

Iraq is considered as a rich country with multiple natural resources,
but wars and financial and political crises led to the destruction of the
country's infrastructure and prevented the investment and distribution of those
recourses in a fair and just ways, as Iraq is still suffering from
unemployment, poverty and lack of essential services which have stopped the
wheel of industry and agricultural lands receded significantly, so the country
transformed into a consuming country depends only on neighboring countries and
industrialized countries to secure its agricultural and industrial needs. The
results of the study were shocking as the Iraqi government depends mainly on
exporting of oil to cover its operational and investment expenses in more than
(85%), and neglected the rest of the economic sectors. As for poverty, the
percentage of those who fall below the poverty line (23%) as well as the
unemployment rate that exceeded (23%). The country's debt has recently reached
($133) billion, and the latest reports by Transparency International
organization considered Iraq as one of the worst (20) countries in terms of
administrative and financial corruption.

References

  • Research and Publications 1- Akli Fadila, Unemployment Definition and Causes, University of Batna, 2012, Algeria. 2- Abul-Enein Suzan Hassan, Poverty in the Arab Countries, International Journal of Economics and Trade, No. 4 (p. 115), 2004, Ain Shams University, Cairo. 3- Waheeb Ali and Saleh Abdullah, the impact of oil price changes on the growth rates in Iraq (1990-2013), Journal of Management and Economics, Issue No. (180) Baghdad, 2016. 4- Hamdallah Abu Mezher, The Mechanisms of Economic Reform in Iraq and the Dialectic of its Relation to the Oil Revenue (1922-2012), Al-Kout Journal for Economic and Administrative Sciences, No. 28, Part I, Wasit, 2017. 5- Kazem Mahdi Kamel, readings in federal budgets (2015-2019), the network of Iraqi economists, Baghdad, 2019. Reports and Statistics 1- International Bank for Reconstruction and Development - World Development Report, 1990. 2- Central Bank of Iraq, Directorate of Statistics and Research, Annual Reports of the Bank (1980-2003). 3- Ministry of Planning, Central Statistical Organization and Information Technology, Statistical Group Reports Years (1990-1995-2000-2005-2010-2015-2019. 4- Ministry of Finance, Budget Department, Periodical Publications for the period (2003-2017). Web sites Wikipedia The Free Encyclopedia https://en.wikipedia.org/wiki/Corruption_Perceptions_Index))
Year 2019, , 1414 - 1422, 14.01.2020
https://doi.org/10.18769/ijasos.592113

Abstract

References

  • Research and Publications 1- Akli Fadila, Unemployment Definition and Causes, University of Batna, 2012, Algeria. 2- Abul-Enein Suzan Hassan, Poverty in the Arab Countries, International Journal of Economics and Trade, No. 4 (p. 115), 2004, Ain Shams University, Cairo. 3- Waheeb Ali and Saleh Abdullah, the impact of oil price changes on the growth rates in Iraq (1990-2013), Journal of Management and Economics, Issue No. (180) Baghdad, 2016. 4- Hamdallah Abu Mezher, The Mechanisms of Economic Reform in Iraq and the Dialectic of its Relation to the Oil Revenue (1922-2012), Al-Kout Journal for Economic and Administrative Sciences, No. 28, Part I, Wasit, 2017. 5- Kazem Mahdi Kamel, readings in federal budgets (2015-2019), the network of Iraqi economists, Baghdad, 2019. Reports and Statistics 1- International Bank for Reconstruction and Development - World Development Report, 1990. 2- Central Bank of Iraq, Directorate of Statistics and Research, Annual Reports of the Bank (1980-2003). 3- Ministry of Planning, Central Statistical Organization and Information Technology, Statistical Group Reports Years (1990-1995-2000-2005-2010-2015-2019. 4- Ministry of Finance, Budget Department, Periodical Publications for the period (2003-2017). Web sites Wikipedia The Free Encyclopedia https://en.wikipedia.org/wiki/Corruption_Perceptions_Index))
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Details

Primary Language English
Journal Section Articles
Authors

Mstfa Rasool Fakhir

Alaa Kadhim Farhan

Publication Date January 14, 2020
Submission Date October 31, 2019
Published in Issue Year 2019

Cite

EndNote Fakhir MR, Farhan AK (January 1, 2020) FEATURES OF IRAQI ECONOMY: COMPARTIVE STUDY TO SOME ECONOMIC ELEMENTS FOR THE YEARS (1990-1995-2000-2005-2010-2015-2019). IJASOS- International E-journal of Advances in Social Sciences 5 15 1414–1422.

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