محاكاة قاعدة مكابح الدين في الاقتصاد العراقي 1990-2015

Abstract EN

The study aims to simulate Debt Brake Rule which adopted in the Swiss economy, and applied it in the Iraqi economy during the period 1990-2015, As the study found that all gap values in the years before 2003 was negative and appeared in an account of the theoretical compensation in a high pace and rates of accumulated to actual spending was very high, in 2001 it reached (194.1% ) as maximum, which exceeded the allowable percentage more than thirty times, in the part of the value the study observed that the highest value reached in 2002 as the accumulated deficit reached (4, 801.4) billion dinars while the allowed deficit was (151.1) billion dinars, which is a big difference and this because the economic sanctions which imposed on Iraq for the period (1990 – 2003 ) as well as the misconduct Finance policy.

The study years 2003 and after marked by the ence of accumulated deficit.

On the contrary, there were surpluses accumulated over the years of study and values are high, in 2009 the highest accumulated surplus reached (223.7% ).

meanwhile in values the highest value of the accumulated surplus in compensatory account worth reached (158, 764.70) billion dinars in 2011, and the highest value allowable deficit in 2015 was reached (7167.7) billion dinars, and this positive case due to the base indicators of financial surpluses because of lifting the international sanctions and increasing the quantity and price of crude oil exported to the outside world.

Debt Brake Rule which adopted in the Swiss economy, and applied it in the Iraqi economy during the period 1990-2015, As the study found that all gap values in the years before 2003 was negative and appeared in an account of the theoretical compensation in a high pace and rates of accumulated to actual spending was very high, in 2001 it reached (194.1% ) as maximum, which exceeded the allowable percentage more than thirty times, in the part of the value the study observed that the highest value reached in 2002 as the accumulated deficit reached (4, 801.4) billion dinars while the allowed deficit was (151.1) billion dinars, which is a big difference and this because the economic sanctions which imposed on Iraq for the period (1990 – 2003 ) as well as the misconduct Finance policy.

The study years 2003 and after marked by the ence of accumulated deficit.

On the contrary, there were surpluses accumulated over the years of study and values are high, in 2009 the highest accumulated surplus reached (223.7% ).

meanwhile in values the highest value of the accumulated surplus in compensatory account worth reached (158, 764.70) billion dinars in 2011, and the highest value allowable deficit in 2015 was reached (7167.7) billion dinars, and this positive case due to the base indicators of financial surpluses because of lifting the international sanctions and increasing the quantity and price of crude oil exported to the outside world.