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Samir Alnasiri *: economic approach desired and the Iraqi experience
6/8/2015
In light of the political, security and economic conditions currently experienced by our country and in particular Mayaanih troubled economic reality and financial crisis, which began affecting influential and clear to block the implementation of government and private sector plans ...
In light of the political, security and economic conditions currently experienced by our country and in particular Mayaanih economic reality troubled and financial crisis, which began affecting influential and clear to block the implementation of government and private sector plans to contribute to economic development as the crisis causes and consequences of current and future because of the sudden drop in oil prices in the global market It is the main supplier for Iraq economically, which constitutes around 60% of GDP and 95% of its annual revenue in the general budget is clear and the failure to create and poor economic planning and lack of coordination between the financial Alssayastin, monetary and continued deficit from year to year in the budgets public because of the retention of new economic resources precautions monetary lack the presence of a sovereign fund, similar to other oil countries.
In addition, in-depth economic vision confusion backgrounds and rent-seeking by the Iraqi economy and the migration of funds to the National capital abroad because of subjectivity and objectivity above conditions.
That which concerns us here is the new Iraqi economy and what it what are degrees of development and underdevelopment in key rings and what are its implications for sustainable development? What are the main economic indicators over the past twelve years?
What are the prospects for the coming years on the structural construction level of the economy and the level of economic thought, which frames the pace towards economic systems that are consistent with the political and social reality in Iraq at present, do we work according to the rules of the mechanisms of central economic or according to the market economy mechanisms, Is our economy in terms of goals, mechanisms and results socialist or capitalist Is it a mixture of this and that? , Are the foundations and visions hybrid or clear-cut ?? What is the role of the private sector in the economy and in all of this?
Many questions posed by the economic reality during the period after the (2003) to the present, which led to the result of structural imbalances and the structure of the economy making experts, researchers and stakeholders in economic affairs in front of a loss in determining the paths of the Iraqi economy and to any approved is going and more importantly, the confusion is clear in all economic sectors, despite the fact that all of these agricultural, industrial, oil and money, construction, reconstruction and services have painted strategies and initiatives sectors but the reality of the situation confirms cheesed important never got over those years and most recently the launch of the private sector strategy for the years (2014 2030), despite the efforts that have been made and comes reason for this many considerations and the complexities of graphical and legislative and executive, which had an impact in infrastructure, technical and structural economy.
All of this led to blurry vision and Alrai and ideas put forward for the management of the Iraqi economy, is what is installed in the Iraqi constitution in Article 25 of it enough to say that the economic Our approach is moving towards a sound about the mechanics of the market economy Is there a transparent and credible data and information issued by the relevant authorities and economic construction in the public and private sectors and to achieve what his plans successive governments. Is that this approach is actually in line with the conditions of the country do we need to lay the foundations and contexts and laws that serve to rebuild the economy in accordance with the new look insightful. Dependent mobilization of resources of the state and the private sector in various activities in the mapping through a phased and Strategy is to build introductions transition to a market economy so as to take the private sector primary role in not receiving support from the government the legal Alapmkdarda'm and regulatory and assume the private sector role in government programs with money and expertise support to take its role in leadership market.
The Economic Mahoualemnahj that we must create it and what are the concepts and principles and foundations and construction requirements of this approach and what are the plans, programs and lines of communication and cooperation between the government and the private sector in the application of philosophy strategy programmed timetable and clear features of all sides and runs from the central goal specified also (how to begin and how to build our economy National and who builds and how to build supporting infrastructure, and which in the end led Are Hoalqtaa public or the private sector and how to reach a common vision for their administration)
In order to do so we have to walk the following steps:
Independent economic body high
1. formation of independent economic body comprising a joint higher 50% of experts from the government and 50% from the private sector shall: -
A - drawing on the progress of the road map and the strategic level for re-drafting of the new economic approach to Iraq, which depends mechanisms of transition to a market economy
(B) to form joint committees for each economic sector holds the implementation of the roadmap for each economic sector and are subject to these committees for follow-up, monitoring and evaluation by the independent body.
(C) formation of a committee to re-joint legal drafting and amending and issuing new laws that serve the implementation of the Road Map, the approval is all environmental laws governing legislative and manages the new Iraqi economy Bmenhjh.
Of representing the Iraqi private sector
See that a review of all unions, associations and organizations bummer law or managed systems internal and create a forum Aommeltqy collected and unites visions and goals of private and public in order to serve the leadership of the private sector of the market in the future and could play this role Baghdad Economic Forum, a new Walid holds the concerns of the private sector and works according to a new thought in partnership with the Government economic programs in order to crystallize a clear and essential role of the private sector in the management of the economy during the upcoming ten years and in two phases until 2020 as a first stage and a second stage in 2025.
Iraqi experience and the experiences of countries in the construction of the economic approach
Many of the countries have gone through the same experience and exceeded the transitional period in the economy quietly and smoothly and mechanisms of implementation are supported and the involvement of all the public and private sectors and relevant experts within the central goal is to move to a stable and free economy and the adoption of mechanisms and ways and procedures are clear for all to give a special and leading role of the private sector wheel in economic management.
And there are examples of countries that have preceded us in the transition to a market economy and building philosophy of its economy according to a new look emanating from the leadership of the private sector to manage the economy, such as Germany, Japan, South Korea, China and Mlaesia, India and much of the southern states Amrca and achieved exemplary success story.
But with great respect for the leaders of these political and economic countries and their peoples and the results achieved, the transfer of their experiences as they are to the Iraqi reality ready templates of mistakes grave where a culture of peoples and awareness of history and problems and wars that have passed these countries and social reality is completely different from Manaish We of political and security conditions and economic centers and the forces and events economical different political and both trying to run the economy in order to serve his goals and his approach and political thought economic So we need to (experience An Iraqi pure) in the construction and management of the economy according to market economy mechanisms are consistent with everything Iraqi Samimi in consciousness and culture, work and history Mashreq and tomorrow we see optimistic eyes means that we are working according to the principle (disagree in politics and the economy unites us) because the peoples of Ataathakq well-being and happiness and happy future without a solid national economy and contribute in constructive everyone.
(*) Researcher and expert economist - Gulf Commercial Bank, June 2015
Copyright network of Iraqi economists. Permission to quote and re-publication, provided that the source
[You must be registered and logged in to see this link.]
6/8/2015
In light of the political, security and economic conditions currently experienced by our country and in particular Mayaanih troubled economic reality and financial crisis, which began affecting influential and clear to block the implementation of government and private sector plans ...
In light of the political, security and economic conditions currently experienced by our country and in particular Mayaanih economic reality troubled and financial crisis, which began affecting influential and clear to block the implementation of government and private sector plans to contribute to economic development as the crisis causes and consequences of current and future because of the sudden drop in oil prices in the global market It is the main supplier for Iraq economically, which constitutes around 60% of GDP and 95% of its annual revenue in the general budget is clear and the failure to create and poor economic planning and lack of coordination between the financial Alssayastin, monetary and continued deficit from year to year in the budgets public because of the retention of new economic resources precautions monetary lack the presence of a sovereign fund, similar to other oil countries.
In addition, in-depth economic vision confusion backgrounds and rent-seeking by the Iraqi economy and the migration of funds to the National capital abroad because of subjectivity and objectivity above conditions.
That which concerns us here is the new Iraqi economy and what it what are degrees of development and underdevelopment in key rings and what are its implications for sustainable development? What are the main economic indicators over the past twelve years?
What are the prospects for the coming years on the structural construction level of the economy and the level of economic thought, which frames the pace towards economic systems that are consistent with the political and social reality in Iraq at present, do we work according to the rules of the mechanisms of central economic or according to the market economy mechanisms, Is our economy in terms of goals, mechanisms and results socialist or capitalist Is it a mixture of this and that? , Are the foundations and visions hybrid or clear-cut ?? What is the role of the private sector in the economy and in all of this?
Many questions posed by the economic reality during the period after the (2003) to the present, which led to the result of structural imbalances and the structure of the economy making experts, researchers and stakeholders in economic affairs in front of a loss in determining the paths of the Iraqi economy and to any approved is going and more importantly, the confusion is clear in all economic sectors, despite the fact that all of these agricultural, industrial, oil and money, construction, reconstruction and services have painted strategies and initiatives sectors but the reality of the situation confirms cheesed important never got over those years and most recently the launch of the private sector strategy for the years (2014 2030), despite the efforts that have been made and comes reason for this many considerations and the complexities of graphical and legislative and executive, which had an impact in infrastructure, technical and structural economy.
All of this led to blurry vision and Alrai and ideas put forward for the management of the Iraqi economy, is what is installed in the Iraqi constitution in Article 25 of it enough to say that the economic Our approach is moving towards a sound about the mechanics of the market economy Is there a transparent and credible data and information issued by the relevant authorities and economic construction in the public and private sectors and to achieve what his plans successive governments. Is that this approach is actually in line with the conditions of the country do we need to lay the foundations and contexts and laws that serve to rebuild the economy in accordance with the new look insightful. Dependent mobilization of resources of the state and the private sector in various activities in the mapping through a phased and Strategy is to build introductions transition to a market economy so as to take the private sector primary role in not receiving support from the government the legal Alapmkdarda'm and regulatory and assume the private sector role in government programs with money and expertise support to take its role in leadership market.
The Economic Mahoualemnahj that we must create it and what are the concepts and principles and foundations and construction requirements of this approach and what are the plans, programs and lines of communication and cooperation between the government and the private sector in the application of philosophy strategy programmed timetable and clear features of all sides and runs from the central goal specified also (how to begin and how to build our economy National and who builds and how to build supporting infrastructure, and which in the end led Are Hoalqtaa public or the private sector and how to reach a common vision for their administration)
In order to do so we have to walk the following steps:
Independent economic body high
1. formation of independent economic body comprising a joint higher 50% of experts from the government and 50% from the private sector shall: -
A - drawing on the progress of the road map and the strategic level for re-drafting of the new economic approach to Iraq, which depends mechanisms of transition to a market economy
(B) to form joint committees for each economic sector holds the implementation of the roadmap for each economic sector and are subject to these committees for follow-up, monitoring and evaluation by the independent body.
(C) formation of a committee to re-joint legal drafting and amending and issuing new laws that serve the implementation of the Road Map, the approval is all environmental laws governing legislative and manages the new Iraqi economy Bmenhjh.
Of representing the Iraqi private sector
See that a review of all unions, associations and organizations bummer law or managed systems internal and create a forum Aommeltqy collected and unites visions and goals of private and public in order to serve the leadership of the private sector of the market in the future and could play this role Baghdad Economic Forum, a new Walid holds the concerns of the private sector and works according to a new thought in partnership with the Government economic programs in order to crystallize a clear and essential role of the private sector in the management of the economy during the upcoming ten years and in two phases until 2020 as a first stage and a second stage in 2025.
Iraqi experience and the experiences of countries in the construction of the economic approach
Many of the countries have gone through the same experience and exceeded the transitional period in the economy quietly and smoothly and mechanisms of implementation are supported and the involvement of all the public and private sectors and relevant experts within the central goal is to move to a stable and free economy and the adoption of mechanisms and ways and procedures are clear for all to give a special and leading role of the private sector wheel in economic management.
And there are examples of countries that have preceded us in the transition to a market economy and building philosophy of its economy according to a new look emanating from the leadership of the private sector to manage the economy, such as Germany, Japan, South Korea, China and Mlaesia, India and much of the southern states Amrca and achieved exemplary success story.
But with great respect for the leaders of these political and economic countries and their peoples and the results achieved, the transfer of their experiences as they are to the Iraqi reality ready templates of mistakes grave where a culture of peoples and awareness of history and problems and wars that have passed these countries and social reality is completely different from Manaish We of political and security conditions and economic centers and the forces and events economical different political and both trying to run the economy in order to serve his goals and his approach and political thought economic So we need to (experience An Iraqi pure) in the construction and management of the economy according to market economy mechanisms are consistent with everything Iraqi Samimi in consciousness and culture, work and history Mashreq and tomorrow we see optimistic eyes means that we are working according to the principle (disagree in politics and the economy unites us) because the peoples of Ataathakq well-being and happiness and happy future without a solid national economy and contribute in constructive everyone.
(*) Researcher and expert economist - Gulf Commercial Bank, June 2015
Copyright network of Iraqi economists. Permission to quote and re-publication, provided that the source
[You must be registered and logged in to see this link.]
