NationStates Jolt Archive


The hurdles of the Iraqi Economy

Purly Euclid
15-08-2004, 04:42
http://www.dailystar.com.lb/article.asp?edition_id=10&categ_id=3&article_id=6647
As this article shows, some progress has been made. Foreign banks are moving in, unemployment is down, and the stock exchange is hopping. But a lot has to be done to revive their economy, primarily with security.
Colodia
15-08-2004, 04:44
Great. Now what about the country that's helping make this happen?
Purly Euclid
15-08-2004, 04:47
Great. Now what about the country that's helping make this happen?
Our economy is fine, and there's a lot of investment capital out there. Perhaps some are benevolent enough to buy dinar. It'd raise their oil prices.
Colodia
15-08-2004, 04:48
Our economy is fine, and there's a lot of investment capital out there. Perhaps some are benevolent enough to buy dinar. It'd raise their oil prices.
meh



anyways, I bet this topic would receive better responses than if I put the same words, only ended it with "And it's all because of America...."
Purly Euclid
15-08-2004, 04:51
meh



anyways, I bet this topic would receive better responses than if I put the same words, only ended it with "And it's all because of America...."
Yeah, I guess you're right. It's not like we aren't trying to fix it, however. The new police recruits are getting much better training then they did under US occupation. Why? Because the new American head of the Iraqi police force is a colonel from Mosul, that did an excellent job training the police force there.
Purly Euclid
15-08-2004, 05:10
bump
Purly Euclid
15-08-2004, 05:35
bump
Purly Euclid
15-08-2004, 17:53
bump
Purly Euclid
15-08-2004, 18:15
Ok, folks, can I ask you a question? How do I edit the title of my thread?
Stephistan
15-08-2004, 18:17
Ok, folks, can I ask you a question? How do I edit the title of my thread?

Edit your first post.
Purly Euclid
15-08-2004, 19:44
Edit your first post.
I tried that, but it only edits the title of my post, not the thread.
Purly Euclid
15-08-2004, 22:57
bump
Niccolo Medici
16-08-2004, 10:34
Wow. That report is quite depressing. I guess this is what happens when a middle-income state is left to rot for a couple decades. The infrastructure is there...its just beat-up, old, out-of-date already, misused, in need of repair/replacing. The mindset of the people is dubious but not impossible to overcome, transparency is poor and nationalization is too high.

Personally, I'd like to see the Economist do a step-by-painful-step article on how Iraq SHOULD be rebuilt and how it is going to be rebuilt. They think they're so smart ;). Seriously, that mag thinks they have all the answers, but the biggest economic challenge of our time may be how to reconstruct Iraq "succesfully"...I'd love to see their take on it.
Purly Euclid
16-08-2004, 23:36
Wow. That report is quite depressing. I guess this is what happens when a middle-income state is left to rot for a couple decades. The infrastructure is there...its just beat-up, old, out-of-date already, misused, in need of repair/replacing. The mindset of the people is dubious but not impossible to overcome, transparency is poor and nationalization is too high.

Personally, I'd like to see the Economist do a step-by-painful-step article on how Iraq SHOULD be rebuilt and how it is going to be rebuilt. They think they're so smart ;). Seriously, that mag thinks they have all the answers, but the biggest economic challenge of our time may be how to reconstruct Iraq "succesfully"...I'd love to see their take on it.
I found that there are things to hope for. The dinar is stable, and more investment capital is floating around in Iraq. The real hurdle, of course, is security. It's really a paradox. The security situation is the biggest hurdle to the economy. However, as it gets more successful, the security situation worsens as the terrorists become more desparate.
Purly Euclid
17-08-2004, 00:14
bump
Purly Euclid
17-08-2004, 01:37
bump
Wowcha wowcha land
17-08-2004, 01:40
Nice to hear some good news.