World Bank2017-10-252017-10-252012https://hdl.handle.net/10986/28566Despite decades of war and instability, Iraq's abundant natural resources, strategic geographic location and cultural history endow Iraq with tremendous potential for growth and diverse economic development. Driven by windfall oil revenues in recent years, the Government of Iraq has invested heavily in rebuilding the infrastructure of the country, and its abundant oil reserves ensure that progress can continue steadily. This report was initiated at the request of the Iraqi government to assess the local investment climate and identify those high priority factors which most significantly impede private sector development in Iraq, in an effort to prioritize the recommended investments, institutional and regulatory reforms which would most significantly contribute to sustainable private sector growth and increased productivity.CC BY 3.0 IGOASSET SALEASSET SALE PROCEEDSAUCTIONAUCTIONSBANK LOANBANKING SYSTEMBANKSBEST-PRACTICEBINDING CONSTRAINTBONDSBOOK VALUEBUDGET DEFICITSBUSINESS ACTIVITYBUSINESS ENVIRONMENTBUSINESS INDICATORSBUSINESS LEADERSBUSINESS LICENSESBUSINESSESBUYERBUYERSCAPABILITIESCAPACITY FOR SECURITIESCAPITAL INVESTMENTCAPITAL INVESTMENTSCAPITAL MARKETCAPITAL MARKET DEVELOPMENTCAPITAL STOCKCAPITAL STRUCTURECASH FLOWCENTRAL BANKCHAMBERS OF COMMERCECIVIL WARCOLLATERALCOMMUNICATION TECHNOLOGIESCOMPETITIVENESSCONFLICTS OF INTERESTCONNECTIVITYCONTINGENT LIABILITIESCORPORATE TAXESCOUNTRY TO COUNTRYCREDIBILITYCUSTOMSDATA LIMITATIONSDEBTDEBTSDISCOUNTED CASH FLOWDISTRIBUTION SYSTEMSDIVIDENDSDOMESTIC COMPETITIONDOMESTIC ECONOMYDOMESTIC INVESTORSDOMESTIC MARKETDUE DILIGENCEECONOMIC DEVELOPMENTECONOMIC LIBERALIZATIONECONOMIC REFORMECONOMIC REFORMSELECTRICITYEMPLOYMENTENTERPRISE DEVELOPMENTENTERPRISE SURVEYENTREPRENEURSHIPEQUIPMENTEXCHANGE RATEEXPOSUREEXTERNAL AUDITORSFAIR COMPETITIONFINANCIAL ACCOUNTINGFINANCIAL CRISISFINANCIAL FACTORFINANCIAL PERFORMANCEFINANCIAL STATEMENTFINANCIAL STATEMENTSFOREIGN DIRECT INVESTMENTFOREIGN FIRMSFOREIGN INVESTMENTFOREIGN INVESTORSFOREIGN OWNERSHIPGLOBAL COMPETITIVENESSGLOBAL ECONOMYGLOBAL MARKETPLACEGLOBAL MARKETSGOVERNANCE INDICATORSGOVERNMENT CONTRACTSGOVERNMENT OWNERSHIPGOVERNMENT REFORMGOVERNMENT SUPPORTGROSS DOMESTIC PRODUCTHOUSINGHUMAN CAPITALINCOMEINFORMATION TECHNOLOGYINFRASTRUCTURE INVESTMENTSINFRASTRUCTURE PROJECTSINITIAL PUBLIC OFFERINGINNOVATIONINSPECTIONSINSTITUTIONAL FRAMEWORKINSURANCEINTERNATIONAL BEST PRACTICEINTERNATIONAL BEST PRACTICESINTERNATIONAL BUSINESSINTERNATIONAL COMPETITIVENESSINTERNATIONAL COOPERATIONINTERNATIONAL DEVELOPMENTINTERNATIONAL STANDARDINTERNATIONAL STANDARDSINTERNATIONAL TRADEINTERNATIONAL TRADE LAWINVESTINGINVESTMENT CLIMATEINVESTMENT CLIMATE REFORMINVESTMENT CLIMATE REFORMSINVESTMENT POLICYIPOJOB CREATIONJOINT VENTURESLABOR COSTSLABOR MARKETLAND OWNERSHIPLAWSLEGAL FRAMEWORKLEGAL ISSUESLEGISLATIONLICENSESLIQUIDATIONLOCAL CAPITAL MARKETMACROECONOMIC STABILITYMANAGEMENT SYSTEMSMANUFACTURINGMARKET CONDITIONSMARKET CONSTRAINTSMARKET GOVERNANCEMATERIALMEDIUM ENTERPRISESMICROFINANCEMOBILE PHONEMOBILE TELEPHONEMONETARY POLICYNATIONAL DEVELOPMENTNATURAL RESOURCESNET LOSSNETWORKSNEW PRODUCTOPERATING EXPENSESOPERATING PERMITSOUTPUTOWNERSHIP STRUCTUREPHYSICAL LOCATIONPOLITICAL STABILITYPORTFOLIOPRIVATE INVESTMENTPRIVATE PARTNERSHIPPRIVATE PARTNERSHIPSPRIVATE SECTORPRIVATE SECTOR DEVELOPMENTPRIVATE SECTOR GROWTHPRIVATE SECTOR INVESTMENTPRIVATE SECTOR PARTICIPATIONPRIVATIZATIONPRIVATIZATIONSPROCUREMENTPRODUCT INNOVATIONPRODUCTION PROCESSESPRODUCTIVITYPUBLIC AUCTIONPUBLIC-PRIVATE PARTNERSHIPPUBLIC-PRIVATE PARTNERSHIPSRAPID GROWTHREAL ESTATEREGIME CHANGESREGIONAL TRADEREGULATORY ENVIRONMENTREGULATORY REGIMESRELIABILITYRESULTRESULTSRETENTIONSALES TRANSACTIONSSAVINGSSEARCHSECONDARY MARKETSSECURITIESSECURITIES REGULATIONSECURITY ARRANGEMENTSSETTLEMENTSHAREHOLDERSSITESSTOCK EXCHANGESTOCK MARKETSUPPLY CHAINSTAXTAX ADMINISTRATIONTAX RATESTAXATIONTECHNICAL ASSISTANCETECHNICAL STAFFTECHNOLOGICAL DEVELOPMENTTELECOMTELECOMMUNICATIONSTELECOMMUNICATIONS COMPANYTELEPHONETELEPHONE PENETRATIONTRANSACTIONTRANSACTION COSTSTRANSFER OF OWNERSHIPTRANSITION COUNTRIESTRANSITION COUNTRYTRANSITION ECONOMIESTRANSPARENCYTRANSPORTTRANSPORT SYSTEMTREASURYWATER SUPPLYWORKING CAPITALWORLD DEVELOPMENT INDICATORSReportWorld Bank10.1596/28566