Publication:
Iraq Economic Monitor, Spring 2016: Laboring through the Crisis

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dc.contributor.authorWorld Bank
dc.date.accessioned2016-10-17T18:55:00Z
dc.date.available2016-10-17T18:55:00Z
dc.date.issued2016-06
dc.description.abstractIraq is facing daunting challenges of Islamic State of Iraq and Syria (ISIS) insurgency, political upheaval, and profound economic and humanitarian crises. Compounding the ISIS-related crisis, the sharp decline in global oil prices has resulted in significant decline in oil export revenues. Implementation of political reforms, announced in August 2015, has been slow due to constitutional constraints and systemic resistance to changes. Iraq’s economic prospects are subject to significant risks. Iraq has recently achieved some important steps towards strengthening its investment climate, but much remains to be done. An attractive investment climate is integral to economic growth and poverty reduction. A key task of the government is to balance the interests of society and individual firms. A stronger investment climate does not equate with a more comfortable life for individual firms. The government must manage these trade-offs: global analysis of the World Bank’s investment climate surveys shows that firms facing strong competition are on average fifty percent more likely to innovate than firms reporting no such pressure. Innovation, in turn, is a key ingredient for productivity improvement. The special focus section explores the different aspects of the investment climate in order to better understand their importance. With this background, the authors then look at Iraq’s investment climate and recent efforts to strengthen it. Finally, the authors look at priorities for improving Iraq’s investment climate going forward.en
dc.identifierhttp://documents.worldbank.org/curated/en/2016/08/26740626/iraq-economic-monitor-labouring-through-crisis
dc.identifier.doi10.1596/25176
dc.identifier.urihttps://hdl.handle.net/10986/25176
dc.languageArabic,English
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectCONFLICT
dc.subjectFRAGILE
dc.subjectGROWTH
dc.subjectMANAGEMENT
dc.subjectFINANCE
dc.titleIraq Economic Monitor, Spring 2016en
dc.title.subtitleLaboring through the Crisisen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleIraq Economic Monitor, Spring 2016
okr.date.disclosure2016-08-31
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/2016/08/26740626/iraq-economic-monitor-labouring-through-crisis
okr.guid771501472633954273
okr.identifier.doi10.1596/25176
okr.identifier.externaldocumentum090224b08452f48d_1_0
okr.identifier.internaldocumentum26740626
okr.identifier.report108102
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2016/08/31/090224b08452f48d/1_0/Rendered/PDF/Iraq0economic00g0through0the0crisis.pdfen
okr.region.administrativeMiddle East and North Africa
okr.region.countryIraq
okr.topicConflict and Development::Conflict and Fragile States
okr.topicConflict and Development::Post Conflict Reconstruction
okr.topicSocial Development::Post Conflict Reintegration
okr.topicSocial Development::Social Conflict and Violence
okr.topicConflict and Development::Disaster Management
okr.unitF&M GP AFR -2 IBRD (GFM07)
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