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Research Paper | Economics | Iraq | Volume 4 Issue 5, May 2015 | Rating: 6.1 / 10
Synchronization of Inflation and Unemployment and Poverty Increase in the Iraqi Economy for (1994-2010)
Hind Ghanim Mohammed Al-Mohanna, Dr. Hanan Abdul-Khidher, Fatin Aeyed Jassim
Abstract: It can be confirmed that the Iraqi economy was and still suffering from problems represented by an increase in the rates of inflation, a decrease in local currency value and an increase in unemployment and poverty. In spite of the high potentials Iraq owns, but, due to the wrong economic policies and the never-ending wars, the resources were misused and the development was obstructed. After 2003, the political regime in Iraq was changed and many strategies and development plans were adopted to find solutions for hunger, poverty and lack of education. But these strategies and plans were, and still, facing many economic, social and political obstacles. This made slow it down in reaching its intended goals aiming to improve the Iraqi people status through reforming the economic environment and the structural problems they suffer from in order to pave the way towards ending hunger, weakness and poverty as well as elevating their living status and achieving sustainable development.
Keywords: the Iraqi Economy for 1994-2010
Edition: Volume 4 Issue 5, May 2015,
Pages: 1354 - 1358