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Competitive institutions key to the solution to achieve economic reforms in Iraq
8/23/2015 0:00
accounted for proposals that addressed a seminar organized by the House of Wisdom recently attention experts was to review Mr. Ghaleb Al-Anbuge condensed summary of the book Why Nations - out of power, prosperity and poverty fail to Akemeglo Two authors Darwin and James Robinson. Poses authors simple and vital question as to why progressing and growing countries and the rest other backward and poor.
concluded the book that the political institutions in any country determine the quality of economic institutions and how they operate.
and that States grow and prosper the existence of a comprehensive political and economic institutions that support property rights and the market economy, competition and ensure equal opportunities and encourage investment in technology and innovation and new skills and be able to achieve as much as necessary to impose law and order, political centralization, and the evolution of the overall economic institutions of all citizens is the most the index's ability to predict the success of countries either main reason for the failure of other countries is turning policy into a tool to achieve gains for minority on Majority account and they fail when they are formed where the untapped political institutions strengths and opportunities in the hands of a handful of people focus to support the economic institutions of the same type does not provide incentives for citizens to feet on savings, investment and innovation.
This is the view of the Global Competitiveness Report issued by the annual World Economic Forum, an international organization comprising senior representatives of the international community and senior policy-makers in governments working to promote international understanding of the concept of competitiveness is the annual report of the economic forum of businessmen and money reference and support him hard in how to identify foreign investment trends have been interesting countries in the world indicators this report in recent years to raise increased the level of competitiveness between countries of the world and improve arranged as it is a measure of the competitiveness of the level followed by diagnostic analysis and prioritization of reform and take advantage of the features offered by the global economy.
awarded competitive economic institutions in small countries a chance to get out of the limited small domestic market to international markets where the institutions are competing in open-market countries and not only that States provide a supportive environment that enables enterprises to own competitiveness and the ability to raise the living citizens of its level considering that the standard of living of the citizens linked significantly the ability of institutions to compete in global markets, whether it be through exports or foreign investment Alambeshr.oukd realized that countries seeking to enhance their competitiveness in scientific and technological development that had taken place during the past years which have changed the competitive elements of the convention in the old concept of state capacity and economic resources and the availability of cheap labor and geographic location that allows its production at competitive prices to the concept of competitive advantage, which is the adoption by States on the intellectual component of the innovation, creativity and institutions (as well as other elements that would respond later) what made the old components of the comparative advantage is effective and of limited relevance in determining competitiveness.
Since a few years ago are being measuring competitiveness in the report indicators Annual Competitiveness based on the performance of States in the three pillars of President are the basic requirements, incentives for efficiency, and innovation and sophistication factors, which includes 12 pillar measure competitiveness in. They institutions, infrastructure, macroeconomic environment, health and basic education, higher education and training, the efficiency of commodity markets , labor market efficiency, effectiveness of the financial market, the availability of technology, market size, innovation and business development, be these pillars are all a comprehensive picture of the development of competitive state.
reveals the latest Competitiveness Report 2014 - 2015 that the innovation and development of talent and strength of institutions still play a prominent role in determining the most economies globally competitive and noticed that the developed countries in the field of innovation and the strength of institutions top the 144th State of the reporting period and shows the report through the annual assessment of the factors stimulating productivity countries and prosperity of the application uneven structural reforms along the regions of the world is the biggest challenge facing global growth.
This applies orientation on the state of the Iraqi economy, which is facing a challenge to restructure state-owned enterprises in all sectors and for many years and how to fix broken companies and make them a part of production in the economy through the pillars of sub underlying strength of institutions, according Competitiveness Report, requires study and analysis to mark strengths and weaknesses of each of them, a rights property, intellectual property protection, waste of public funds, irregular payments, independence of the judiciary, the burden of government regulation, the efficiency of the legal framework in resolving disputes, the efficiency of the legal framework to comply regimes, the cost of terrorism on the business, the cost of crime and violence on business, organized crime, the quality of services Police, ethics institutions, reporting and audit, the efficiency of boards of directors, the protection of minority shareholders' rights, the protection of investors.
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8/23/2015 0:00
accounted for proposals that addressed a seminar organized by the House of Wisdom recently attention experts was to review Mr. Ghaleb Al-Anbuge condensed summary of the book Why Nations - out of power, prosperity and poverty fail to Akemeglo Two authors Darwin and James Robinson. Poses authors simple and vital question as to why progressing and growing countries and the rest other backward and poor.
concluded the book that the political institutions in any country determine the quality of economic institutions and how they operate.
and that States grow and prosper the existence of a comprehensive political and economic institutions that support property rights and the market economy, competition and ensure equal opportunities and encourage investment in technology and innovation and new skills and be able to achieve as much as necessary to impose law and order, political centralization, and the evolution of the overall economic institutions of all citizens is the most the index's ability to predict the success of countries either main reason for the failure of other countries is turning policy into a tool to achieve gains for minority on Majority account and they fail when they are formed where the untapped political institutions strengths and opportunities in the hands of a handful of people focus to support the economic institutions of the same type does not provide incentives for citizens to feet on savings, investment and innovation.
This is the view of the Global Competitiveness Report issued by the annual World Economic Forum, an international organization comprising senior representatives of the international community and senior policy-makers in governments working to promote international understanding of the concept of competitiveness is the annual report of the economic forum of businessmen and money reference and support him hard in how to identify foreign investment trends have been interesting countries in the world indicators this report in recent years to raise increased the level of competitiveness between countries of the world and improve arranged as it is a measure of the competitiveness of the level followed by diagnostic analysis and prioritization of reform and take advantage of the features offered by the global economy.
awarded competitive economic institutions in small countries a chance to get out of the limited small domestic market to international markets where the institutions are competing in open-market countries and not only that States provide a supportive environment that enables enterprises to own competitiveness and the ability to raise the living citizens of its level considering that the standard of living of the citizens linked significantly the ability of institutions to compete in global markets, whether it be through exports or foreign investment Alambeshr.oukd realized that countries seeking to enhance their competitiveness in scientific and technological development that had taken place during the past years which have changed the competitive elements of the convention in the old concept of state capacity and economic resources and the availability of cheap labor and geographic location that allows its production at competitive prices to the concept of competitive advantage, which is the adoption by States on the intellectual component of the innovation, creativity and institutions (as well as other elements that would respond later) what made the old components of the comparative advantage is effective and of limited relevance in determining competitiveness.
Since a few years ago are being measuring competitiveness in the report indicators Annual Competitiveness based on the performance of States in the three pillars of President are the basic requirements, incentives for efficiency, and innovation and sophistication factors, which includes 12 pillar measure competitiveness in. They institutions, infrastructure, macroeconomic environment, health and basic education, higher education and training, the efficiency of commodity markets , labor market efficiency, effectiveness of the financial market, the availability of technology, market size, innovation and business development, be these pillars are all a comprehensive picture of the development of competitive state.
reveals the latest Competitiveness Report 2014 - 2015 that the innovation and development of talent and strength of institutions still play a prominent role in determining the most economies globally competitive and noticed that the developed countries in the field of innovation and the strength of institutions top the 144th State of the reporting period and shows the report through the annual assessment of the factors stimulating productivity countries and prosperity of the application uneven structural reforms along the regions of the world is the biggest challenge facing global growth.
This applies orientation on the state of the Iraqi economy, which is facing a challenge to restructure state-owned enterprises in all sectors and for many years and how to fix broken companies and make them a part of production in the economy through the pillars of sub underlying strength of institutions, according Competitiveness Report, requires study and analysis to mark strengths and weaknesses of each of them, a rights property, intellectual property protection, waste of public funds, irregular payments, independence of the judiciary, the burden of government regulation, the efficiency of the legal framework in resolving disputes, the efficiency of the legal framework to comply regimes, the cost of terrorism on the business, the cost of crime and violence on business, organized crime, the quality of services Police, ethics institutions, reporting and audit, the efficiency of boards of directors, the protection of minority shareholders' rights, the protection of investors.
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