The Iraqi economy between the waste of resources and the rights of subsequent generations after 2003

Jabbar Kareem Thamer  Al Kareemawi; Montaj Obaida

doi:10.47667/ijppr.v4i3.246

Authors

Jabbar Kareem Thamer Al Kareemawi Higher School of Business, University of sfax
Montaj Obaida Higher School of Business, University of sfax

DOI:

https://doi.org/10.47667/ijppr.v4i3.246

Keywords:

Iraqi Economy, Waste of Resources, Imbalance of Export Structure, Licensing Rounds, Sovereign Wealth Funds

Abstract

The oil wealth has a large and effective role in the development of oil economies, and it is assumed that this wealth has a distinctive role in achieving economic development. The Iraqi economy is dependent on oil revenues to finance government spending, it is a renter economy, while other revenues have little contribution compared to oil revenues, and the reason for this is the inefficiency and ability of other sectors to finance.

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