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Economic policy and prospects in Iraq

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Author Info
Christopher Foote
William Block
Keith Crane
Simon Gray

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Abstract

This paper describes the Coalition Provisional Authority’s attempts to stabilize and reform Iraq’s economy along market lines. It argues that while security concerns remain serious, Iraq’s economy has not been crippled by violence. However, sustained economic growth will depend on whether Iraq’s future leaders pursue the pro-market approaches the Coalition has advocated. If the Iraqi economy is to reach its potential, it will need to go even farther than the Coalition did, implementing reforms the Coalition did not pursue because of security concerns.

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Paper provided by Federal Reserve Bank of Boston in its series Public Policy Discussion Paper with number 04-1.

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Date of creation: 2004
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Handle: RePEc:fip:fedbpp:04-1

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Related research
Keywords: Economic conditions - Iraq ; Economic policy - Iraq;

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This paper has been announced in the following NEP Reports: Cited by:
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  1. Dibeh, Ghassan, 2008. "Resources and the Political Economy of State Fragility in Conflict States: Iraq and Somalia," Working Papers RP2008/35, World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
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