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For rulers whose territories are blessed with extractive resources - such as petroleum, metals, and minerals that will power the clean energy transition - converting natural wealth into fiscal wealth is key. Squandering the opportunity to secure these revenues will guarantee short tenures, while...
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This report - the first phase of a programmatic Iraq country economic memorandum (CEM) is structured around the themes … of revenue management and economic diversification. These themes accord with the economic challenges faced by Iraq in the … diversify the economy. Iraq's oil revenue boom will not be able to meet the expectations placed upon it without a range of …
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Iraq's economy is gradually emerging from the deep recession caused by the pandemic and the plunge in oil prices in … 2020. Higher oil revenues pushed Iraq's overall fiscal and external balances into a surplus in 2021. The turnaround in oil … markets has significantly improved Iraq's economic outlook in the medium term. Iraq's fiscal and socio-economic fragilities …
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"Examining the interplay between the oil economy and identity politics using the Kurdistan Region of Iraq as a case … nature. Since the ousting of Saddam Hussein, the de-facto borders of the Kurdistan Region of Iraq have repeatedly changed …
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