Oil and challenges of economic reform in Iraq
Joint Authors
Source
Issue
Vol. 11, Issue 1 (31 Mar. 2019), pp.83-104, 22 p.
Publisher
University of Babylon College of Administration and Economics
Publication Date
2019-03-31
Country of Publication
Iraq
No. of Pages
22
Main Subjects
Topics
- Economic conditions
- Economic development
- Economic reform
- Petroleum
- Iraq
- Twenty-first century
- Economic aspects
Abstract EN
The continuation of declines in oil prices and the inability of the government to provide alternative financial resources to support the budget and the economy, the dilemma of the Iraqi economy widens.
The decline in oil prices, the increase expenditures to sustain momentum against ISIS, rehabilitation, reconstruction of liberated areas and production ceilings imposed by the new oil agreement on the Iraqi oil pumps, are all indicators confirm the bad consequences behind the current phase.
With the absence of oil, there is a necessity to deal with the issue seriously by the economic decision-makers.
The causes of the recent financial and economic crisis lie in the failure of the government's efforts to create an environment conducive to the emergence and growth of the private sector and the disengagement from the public sector.
American Psychological Association (APA)
Haydar H.& Nimah, Zaynab Hadi. 2019. Oil and challenges of economic reform in Iraq. Journal of Administration and Economic College for Economics and Administration and Financial Studies،Vol. 11, no. 1, pp.83-104.
https://search.emarefa.net/detail/BIM-895495
Modern Language Association (MLA)
Haydar H.& Nimah, Zaynab Hadi. Oil and challenges of economic reform in Iraq. Journal of Administration and Economic College for Economics and Administration and Financial Studies Vol. 11, no. 1 (2019), pp.83-104.
https://search.emarefa.net/detail/BIM-895495
American Medical Association (AMA)
Haydar H.& Nimah, Zaynab Hadi. Oil and challenges of economic reform in Iraq. Journal of Administration and Economic College for Economics and Administration and Financial Studies. 2019. Vol. 11, no. 1, pp.83-104.
https://search.emarefa.net/detail/BIM-895495
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 103-104
Record ID
BIM-895495