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The problem of the private sector
8/13/2015 0:00
Hossam Hamid judge * for the purpose of setting goals and trends of this subject is imperative that we recognize the reasons for the private sector decline and not its role to contribute to the advancement of the Iraqi economy as well as to identify the reasons and circumstances which now have until to the lack of requirements and supplies necessary for the sector, which led in turn to Iraq to be repulsive environment and not an attractive environment for private sector investment and foreign investment. However, as long as we have heard and read a lot of theses, which claims that it adopts some of the proposed methods to the process of transition to a market economy (which have not touched any trace of her in the ground). I think that the process of the transition to a market economy and under neglect conditions and lack of interest suffered by the private sector and over the nearly three decades require hard work and persistent and systematic survey guarantee from which the existence of a clear vision and specific strategy can make to business and industrialists, venture capitalists essential and important role in the process of formulating frameworks public for this transformation that will pour in the end inevitably to promote the interests and possibilities of this sector as a leader and partner basis of this process with the public sector. And if that does not mean not bear the private sector share of the responsibility because of his inability to adapt to accommodate the replacement of traditional methods in the production process more harmonious ways with an update of the tremendous developments in the world of modern technologies in the field of production and management, which led to a widening gap in the conditions and possibilities for local production and separating and keep him out of the advanced capabilities technically and circumstances surrounding the overall production process. All of the above justifies (At this stage) the adoption of the formula partnership between the public and private sectors as one of the important options and raised, but the realization of this option and its implementation requires the identification of the objectives and mechanisms and methods of implementation under the legal legislation and a reference or a competent authority to decide on the validity of this option and its significance and to identify eligible projects that can bring returns and the response required in the event of coverage in this way. It could be argued that the adoption of this formula will lead to a climate of confidence in the private sector who will feel that his investments would enjoy a large degree of support and security by the state. Although the productive activities in the public sector institutions also suffer a lot of negatives Kaltrhl and disguised unemployment and inflation Career and rampant corruption and methods of routine and bureaucracy and limited financial resources due to the repercussions of the financial deficit of the general budget and the sharp drop in crude oil prices globally. However, the public sector is characterized by a lot of accumulated experience (untapped) and scalable administratively and technically, requires mobilization capabilities by granting incentives and a percentage of profits in addition to that it will also lead to the possibility of benefiting from the funds in the heads of the private sector to supplement the production process outsourcing financing and new task. Therefore, the process of interaction between the two sectors will be important elements can complement each other. At a time when we will ensure the natural concern among investors and venture capitalists to increase production capacities and improved to maximize profits on the other side we will also guarantee the loyalty and interest of workers in new productive enterprises of the employees of the public sector and their dedication and compete in their work to achieve the best possible through material incentives that can be granted to them in case of increasing and improving the production as well as the prescribed percentage of the profits. The expansion base contribution of the private sector at this stage or later stages associated with the extent of his ability and possesses the necessary expertise and skills that can be up to it through practice and training, which enables it to receive initiative and self-reliance potential in leadership and management of production and service operations separately. The work option and continuity form the mixed economy in some productive joints will be a competitive factor that could hurt in the production process interest through improved performance and working to reduce production costs and thus promote lower prices . Preferably the future process of technical and qualitative development in our ways of productivity not only of advanced technology is limited to automated transport, but to encourage the transfer of technological knowledge that depend on the study and training, and to fathom the technological construction, thereby forming a scientific stocks and the balance of the Angels, scientists and expertise capable of absorbing and add the event and scientific developments to All production and service facilities. It can be concluded from all this that the advancement of the private sector and the process of transition to a market economy is the joint responsibility of all government institutions and national Authority for Investment and federations concerned as a union of the Iraqi Federation of Industries and businessmen. And that all these actors must coordinate their efforts to get to know the true potential of the private sector financially and technically and administratively and the extent of its ability to adopt investment projects and provide all the supplies and facilities which encourages him to invest his money in different sectors. In order to achieve the desired from the private sector goals must and do justice to this sector that give him security and a stable political environment in addition to the serious work to find quick solutions to improve the system and electric power, one of the most important elements of continuity of work in this sector as well as the importance of providing the necessary oil derivatives and energy sources. As well as the development of the banking system works and the introduction of modern methods and to provide banking facilities and the reduction of the interest rate. * Economic Researcher
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8/13/2015 0:00
Hossam Hamid judge * for the purpose of setting goals and trends of this subject is imperative that we recognize the reasons for the private sector decline and not its role to contribute to the advancement of the Iraqi economy as well as to identify the reasons and circumstances which now have until to the lack of requirements and supplies necessary for the sector, which led in turn to Iraq to be repulsive environment and not an attractive environment for private sector investment and foreign investment. However, as long as we have heard and read a lot of theses, which claims that it adopts some of the proposed methods to the process of transition to a market economy (which have not touched any trace of her in the ground). I think that the process of the transition to a market economy and under neglect conditions and lack of interest suffered by the private sector and over the nearly three decades require hard work and persistent and systematic survey guarantee from which the existence of a clear vision and specific strategy can make to business and industrialists, venture capitalists essential and important role in the process of formulating frameworks public for this transformation that will pour in the end inevitably to promote the interests and possibilities of this sector as a leader and partner basis of this process with the public sector. And if that does not mean not bear the private sector share of the responsibility because of his inability to adapt to accommodate the replacement of traditional methods in the production process more harmonious ways with an update of the tremendous developments in the world of modern technologies in the field of production and management, which led to a widening gap in the conditions and possibilities for local production and separating and keep him out of the advanced capabilities technically and circumstances surrounding the overall production process. All of the above justifies (At this stage) the adoption of the formula partnership between the public and private sectors as one of the important options and raised, but the realization of this option and its implementation requires the identification of the objectives and mechanisms and methods of implementation under the legal legislation and a reference or a competent authority to decide on the validity of this option and its significance and to identify eligible projects that can bring returns and the response required in the event of coverage in this way. It could be argued that the adoption of this formula will lead to a climate of confidence in the private sector who will feel that his investments would enjoy a large degree of support and security by the state. Although the productive activities in the public sector institutions also suffer a lot of negatives Kaltrhl and disguised unemployment and inflation Career and rampant corruption and methods of routine and bureaucracy and limited financial resources due to the repercussions of the financial deficit of the general budget and the sharp drop in crude oil prices globally. However, the public sector is characterized by a lot of accumulated experience (untapped) and scalable administratively and technically, requires mobilization capabilities by granting incentives and a percentage of profits in addition to that it will also lead to the possibility of benefiting from the funds in the heads of the private sector to supplement the production process outsourcing financing and new task. Therefore, the process of interaction between the two sectors will be important elements can complement each other. At a time when we will ensure the natural concern among investors and venture capitalists to increase production capacities and improved to maximize profits on the other side we will also guarantee the loyalty and interest of workers in new productive enterprises of the employees of the public sector and their dedication and compete in their work to achieve the best possible through material incentives that can be granted to them in case of increasing and improving the production as well as the prescribed percentage of the profits. The expansion base contribution of the private sector at this stage or later stages associated with the extent of his ability and possesses the necessary expertise and skills that can be up to it through practice and training, which enables it to receive initiative and self-reliance potential in leadership and management of production and service operations separately. The work option and continuity form the mixed economy in some productive joints will be a competitive factor that could hurt in the production process interest through improved performance and working to reduce production costs and thus promote lower prices . Preferably the future process of technical and qualitative development in our ways of productivity not only of advanced technology is limited to automated transport, but to encourage the transfer of technological knowledge that depend on the study and training, and to fathom the technological construction, thereby forming a scientific stocks and the balance of the Angels, scientists and expertise capable of absorbing and add the event and scientific developments to All production and service facilities. It can be concluded from all this that the advancement of the private sector and the process of transition to a market economy is the joint responsibility of all government institutions and national Authority for Investment and federations concerned as a union of the Iraqi Federation of Industries and businessmen. And that all these actors must coordinate their efforts to get to know the true potential of the private sector financially and technically and administratively and the extent of its ability to adopt investment projects and provide all the supplies and facilities which encourages him to invest his money in different sectors. In order to achieve the desired from the private sector goals must and do justice to this sector that give him security and a stable political environment in addition to the serious work to find quick solutions to improve the system and electric power, one of the most important elements of continuity of work in this sector as well as the importance of providing the necessary oil derivatives and energy sources. As well as the development of the banking system works and the introduction of modern methods and to provide banking facilities and the reduction of the interest rate. * Economic Researcher
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