الإنتاج الإقتصادي الأمثل للثروة النفطية في العراق

Abstract EN

The miserable failure of the enforced strategy for moving from the former economic regime towards market economy through applying the flawed neoliberal economic policies during the period (2003- 2023), necessitates radical change of public investment criteria for utilizing public ownership of oil wealth in order to ensure optimal economic production, and to finance public investment projects necessary to achieve the targeted growth of production sectors and improving the deteriorated public services.

The paper aims to identify the conditions required for optimal production and assess the real economic cost of utilizing oil wealth, as well as regulate the foreign exchange rate's accordingly, through a proposed model of dual central economic planning and competitive market mechanism.