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The second edition of The Political Economy of Iraq is as comprehensive and accessible as the first with updated data and analysis. Frank R. Gunter discusses in detail how the convergence of the ISIS insurgency, collapse in oil prices, and massive youth unemployment produced a serious political crisis in 2020. This work ends with a discussion of key policy decisions that will determine Iraq’s future. This volume will be a valuable resource for anyone with a professional, business, or academic interest in the post-2003 political economy of Iraq.
This groundbreaking volume offers a comprehensive look at the current state of IraqÕs political economy in the aftermath of the US-led overthrow of Saddam Hussein in 2003. Frank R. Gunter describes the unique difficulties facing the modern Iraqi economy and provides detailed recommendations for fostering future economic growth and stability. The book begins with an overview of IraqÕs current political, economic, and social status, including discussions of real growth, unemployment, inflation, health, poverty, education, and gender issues. This is followed by a comprehensive look at what the author identifies as the three dominant characteristics of the political economy of Iraq: corruption, political instability, and petroleum. Using these foundational ideas as a springboard, the book then provides a detailed breakdown of the Iraqi economy by sector, as well as discussions of IraqÕs fiscal, monetary, and exchange rate policies. The final chapter identifies the major trends that will determine the course of future economic development in Iraq and provides insightful recommendations for encouraging positive economic growth. Offering the most comprehensive and timely discussion of IraqÕs economy to date, this critical volume will appeal to students and professors of international studies, political economy, and Middle East studies as well as anyone considering doing business in this rapidly changing economy.
This edited volume addresses the issues of Iraqi Kurdistan’s political economy with historically grounded, theoretically informed, and conceptually relevant scholarship that prioritizes comparative politics over international relations. The book seeks to explore the dynamics of Iraqi Kurdistan at the stage of referendum for independence from a political economy perspective within its own debates, conflicts, and interests. Overall, the authors contribute to these debates by exploring key questions in novel ways, focusing on comparative methodology that serve to expand the scope of scientific inquiry and place it into more solid understanding.
When the United States led the invasion of Iraq in March 2003, it expected to be able to establish a prosperous liberal democracy with an open economy that would serve as a key ally in the region. It sought to engage Iraqi society in ways that would defeat any challenge to that state building project and U.S. guidance of it. Eric Herring and Glen Rangwala argue that state building in Iraq has been crippled less by preexisting weaknesses in the Iraqi state, Iraqi sectarian divisions or U.S. policy mistakes than by the fact that the US has attempted-with only limited success-to control the parameters and outcome of that process. They explain that the very nature of U.S. state-building in Iraq has created incentives for unregulated local power struggles and patron-client relations. Corruption, smuggling, and violence have resulted. The main legacy of the US-led occupation, the authors contend, is that Iraq has become a fragmented state-that is, one in which actors dispute where overall political authority lies and in which there are no agreed procedures for resolving such disputes. As long as this is the case, the authority of the state will remain limited. Technocratic mechanisms such as training schemes for officials, political fixes such as elections, and the coercive tools of repression will not be able to overcome this situation. Placing the occupation within the context of regional, global, and U.S. politics, Herring and Rangwala demonstrate how the politics of co-option, coercion, and economic change have transformed the lives and allegiances of the Iraqi population. As uncertainty about the future of Iraq persists, this volume provides a much-needed analysis of the deeper forces that give meaning to the daily events in Iraq.
Author : The Research Unit for Political Economy Publisher : NYU Press Page : 146 pages File Size : 38,73 MB Release : 2003-09-01 Category : Political Science ISBN : 1583674063
"This book contributes significantly ot the conversation seeking to understand the international forces at play in the threatening war on Iraq." —Nelson Mandela "Behind the Invasion of Iraq . . .synthesizes the seemingly disparate threads of the U.S. war drive in a blistering indictment of American foreign policy . . .The effect is of puzzle pieces clicking into place." —Counterpunch Since September 11, 2001, there have been many accounts of the ways in which the alignment of global power is changing or will be changed by the U.S.'s "war on terrorism." Most of them take as their starting point the options facing the wealthy and powerful nations of the world seeking to control an ever larger share of the world's resources. Behind the Invasion of Iraq is written from a different perspective, and one that makes possible a far more comprehensive point of view. Its authors, Research Unit for Political Economy, are rooted in the politics of a Third World country—India—which has long been on the receiving end of imperialist power. As a consequence, they have a more sober view of the workings of global power. In clear and accessible prose, weighing the evidence carefully and tracing events to their root causes, they move beyond moral outrage to a clear view of the process being set in motion by the U.S.-led invasion of Iraq. They show that the invasion of Iraq is a desperate gamble by a section of the U.S. ruling elite to preserve their power, driven by the wish to stave off economic crisis through military means. Their efforts will not end with Iraq, but will require the recolonization of the middle East. Behind the Invasion of Iraq exposes the idea that war will bring democracy to the Middle East as so much propaganda. In a context where so many rulers are themselves clients of the United States, the war is aimed not at the rulers but at the masses of ordinary people whose hostility to imperialism has not been broken even by corrupt and autocratic rulers. This book describes the remaking of global power with a truly global awareness of what is at stake.
"A fascinating and revealing dive into the murky world of oil contracts that shape power and politics in Iraq." -- Loveday Morris, The Washington Post Jerusalem bureau chief Iraq sits on top of more than 140 billion barrels of oil, making it the owner of the world's fifth largest reserves. When the United States invaded in 2003, the Bush Administration promised that oil revenue would be used to rebuild and democratize the country. But fifteen years later, those dreams have been shattered. The Iraqi economy has flatlined, millions of people are internally displaced, and international institutions have had to provide billions of dollars in assistance to the country every year. Where did all the oil revenue go? Reporter Erin Banco traveled to oil-rich Iraqi Kurdistan--an autonomous region that holds, according to the regional government, some 45 billion barrels of crude--to uncover how widespread corruption, tribal cronyism, kickbacks to political parties, and the war with ISIS have contributed to the plundering of Iraq's oil wealth. The region's economy and political stability have been on the brink of collapse, and local people are suffering. Based on court documents and on exclusive interviews with sources who have investigated energy companies and their dealings with government officials, Pipe Dreams is a cautionary tale that reveals how the dream of an oil-financed, American-style democracy in Iraqi Kurdistan now looks like a completely unrealistic fantasy.
This book analyzes the failure of the EU's peace-through-trade policy in Iraq and Iran between 1979 and 2009 from a theoretical and empirical perspective. The author adds to the trade-peace theory debate and provides evidence supporting the need to review the EU's peace-through-trade-policy towards Iraq and Iran, and in general.
Examines the development of a socioeconomic region in Iraq, Arabia, and the Gulf during a 150-year period, focusing on regional ties through long-distance trade networks.
Post-conflict reconstruction is one of the most pressing political issues today. This book uses economics to analyze critically the incentives and constraints faced by various actors involved in reconstruction efforts. Through this analysis, the book will aid in understanding why some reconstructions are more successful than others.