15/8/2015 12:00 am
Baghdad-morning
Within these Arabic library approach to important quality additions to inform interested parties on economic development but also economics, Economist and put in charge of the matter of oil Prince type AFM (the dollar cycle and its impact on gold, oil and other currencies).
He says in his introduction to the book I have written about oil and water balance, agriculture and other economic and political issues about Iraq, but I never write about the industry, which is supposed to be a primary objective, since most scientific and practical experience are in industry, especially the chemical industry ".
"But how do you write about the industry in Iraq to make it artificially, without that type of economic regime must be Iraq. Gotta believe and fixed that industry in Iraq that are evolving, relying on "open economy" system and the economic system in which the will of the American occupation of Iraq since 2003, with the occupation of chaos and corruption. "
The book was released on the House tomorrow and the Angel House of Arts, literature and publishing.
Book of 396 pages of broadsheet, is divided into four chapters, dealing with first World War II and the occurrence of most American, deals with the circumstances and causes of the war, as well as the emergence of the greenback "dollar" as the strongest global currencies and persistent.
While the author addresses in chapter II "the Bretton Woods system/dollar currency", which arose before 1945, but towards the end of the second world war and the most important decisions the United Nations commitment to convert dollar surpluses in capitalist countries to gold at a fixed price of $ 35 per ounce.
The third chapter of the book entitled (dollar, gold, oil), divided into three axes head first dollar and gold, the dollar and other currencies and purchasing power of the dollar, and then a third the price of oil and its relationship with the dollar and gold.
The fourth and final chapter of the book deals with the theme of globalization and is titled "Introduction to globalization/globalisation".
Prince offers his vision and conviction that varies with the Americans and Iraqi economists, where biting says in his foreword to the book also meaning "economic opening" for Americans and some economists, is the so-called "neoliberal" or economic globalization, or what he calls some of uncontrolled or unchecked capitalism. This kind of economy can not develop industry in Iraq, but what developed is planned by the State (legislative and Executive), and under planning, supervision, guidance and funding, especially in the joints of the Iraqi economy, with full access, (except for the acquisition of a stake in oil and gas), the private sector and support fully within the planned economy.
The writer continues to provide his convictions on the open economy where he could not find in my readings and previous participations, the one country in the developing world have adopted so-called "open economy" and that the evolution of the economy and development. But it was quite the opposite, always, in all developing countries the trend since the late 1970s to the present day, whether this track "voluntarily" to the conviction that the economic approach, or forced under pressure from the United States directly or through international institutions representing American pressure machine, such as the International Monetary Fund or World Bank, or the World Trade Organization, under various names all under the so-called "economic reforms"!!. The results were always overheating and overburdened by debt, widespread poverty, and education and health services and the public corruption and civil wars, many of these States into failed States. "
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