دور التحرر المالي في تعزيز الاستقرار و التنمية المالية و الاقتصادية : دراسة الحالة المالية و الاقتصادية العراقية 2011-2021

Abstract EN

The study aimed to identify the concept of financial liberation and see the reality of this financial liberation that exists in Iraq, which is represented in lifting financial restrictions and cash flows to and from Iraqi banks and determining the effects that have on the Iraqi economy and the levels of development that result from this financial liberation, and through reviewing the annual reports that Published by the Central Bank of Iraq and studying the basic indicators of financial liberalization.

The researcher used statistical tools such as SPSS and E views 12 in order to identify the levels of financial liberalization in the Iraqi economy represented by the indicators of interest rate liberalization, levels of reduction in the legal reserve, the number of foreign banks entering Iraq and levels of reduction In the credit controls for the time period from 2012 to 2020 and the impact of financial liberalization in some areas of financial and economic development, represented by the level of public debt to GDP, the level of budget deficit to GDP, levels of cash flow, the ratio of private credit to GDP, and finally the exchange rate of the dinar The study reached several results and The most prominent of them is that the financial restraint systems have increased by a large percentage and that the levels of financial liberalization are growing and at acceptable rates, but they need to put in place a set of laws and regulations in order to bring acceptable results in addition to reducing the cases of financial distortion resulting from financial liberalization and benefiting from the experiences of developed countries in addition to the experiences of some countries The developing ones, whose experiences in financial liberalization are better reflected on the levels of economic development, add to this the necessity of setting a set of restrictions and controls to ideally control the financial liberalization processes and reap its fruits and avoid the risks that result from it, which is embodied in the forms of smuggling, money laundering and financial corruption.