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3 questions to an expert economy Abd al-Rahim al-Tai
09/03/2015
BAGHDAD
What is the market economy? And how they can be applied to this system?
Is a market which is characterized by economic freedom, which means away state intervention in economic life, and limiting its role to carry out activities of internal security and defense of the country and carrying on foreign policy, and provide some of the necessary services to the population, such as the provision of energy, water and sanitation and social care and basic education, and the unique sector private practice economic activities, either by individuals or companies. And the market is set for the effectiveness and profitability of economic activities interaction of supply and demand forces in the market, without the intervention of the state to protect and regulate their activities, in order to achieve equal competition between individuals and companies within the market.
Will the government be able to implement this economic system in Iraq?
can be applied to this system through privatization and the transition from central planning system to economic freedom, private sector-led system, with all the above, the market economy does not mean in any way the absence of the state's role in the organization economic life, the government has to intervene under the justification of an economic nature or social or political in nature or all together, to provide essential goods and ensure sold at affordable prices, or to prevent monopolists of price manipulation. There are several ways to state intervention in the market and the impact on the prevailing prices, including the following: First, the legislation of laws that prevent monopoly on the one hand and help establish productive projects essential commodities. Second enter the market as a competitor, so that the government buying and selling of goods in Alsoq.thaltha monopoly on the import and sale of some essential goods and sell them at discounted prices. Fourth, the pricing of some commodities pricing compulsory.
What are the pros and cons of moving to a market economy?
transition to a market economy leads to raise the rate of economic growth and improve my quality or service offered to the market level, and lead to a reduction in public spending and the budget deficit, and the redistribution of income in favor of the private sector, and supports the ability to save and production by the increase in treasury resources of the state and reduce subsidies, which was awarded for public projects size, and get rid of the bureaucracy of the government apparatus.
The negative aspects of the market economy, they include increasing Anckshafah and the subordination of the global economy and thus weaken the economic security because of the deepening impact of the national economy to fluctuations in foreign arena, in addition to widening income inequality and increased wealth between countries and between populations within a single country in the impoverishment of the poor and enrich the rich.
It is also the negatives distortion prevailing patterns of consumption and accustom communities of developing countries to recreational and Altfajra consumption and over-consumption in general.
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09/03/2015
BAGHDAD
What is the market economy? And how they can be applied to this system?
Is a market which is characterized by economic freedom, which means away state intervention in economic life, and limiting its role to carry out activities of internal security and defense of the country and carrying on foreign policy, and provide some of the necessary services to the population, such as the provision of energy, water and sanitation and social care and basic education, and the unique sector private practice economic activities, either by individuals or companies. And the market is set for the effectiveness and profitability of economic activities interaction of supply and demand forces in the market, without the intervention of the state to protect and regulate their activities, in order to achieve equal competition between individuals and companies within the market.
Will the government be able to implement this economic system in Iraq?
can be applied to this system through privatization and the transition from central planning system to economic freedom, private sector-led system, with all the above, the market economy does not mean in any way the absence of the state's role in the organization economic life, the government has to intervene under the justification of an economic nature or social or political in nature or all together, to provide essential goods and ensure sold at affordable prices, or to prevent monopolists of price manipulation. There are several ways to state intervention in the market and the impact on the prevailing prices, including the following: First, the legislation of laws that prevent monopoly on the one hand and help establish productive projects essential commodities. Second enter the market as a competitor, so that the government buying and selling of goods in Alsoq.thaltha monopoly on the import and sale of some essential goods and sell them at discounted prices. Fourth, the pricing of some commodities pricing compulsory.
What are the pros and cons of moving to a market economy?
transition to a market economy leads to raise the rate of economic growth and improve my quality or service offered to the market level, and lead to a reduction in public spending and the budget deficit, and the redistribution of income in favor of the private sector, and supports the ability to save and production by the increase in treasury resources of the state and reduce subsidies, which was awarded for public projects size, and get rid of the bureaucracy of the government apparatus.
The negative aspects of the market economy, they include increasing Anckshafah and the subordination of the global economy and thus weaken the economic security because of the deepening impact of the national economy to fluctuations in foreign arena, in addition to widening income inequality and increased wealth between countries and between populations within a single country in the impoverishment of the poor and enrich the rich.
It is also the negatives distortion prevailing patterns of consumption and accustom communities of developing countries to recreational and Altfajra consumption and over-consumption in general.
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