Bean Counting in Baghdad : Debt, Reparations, Reconstruction, and Resources
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Authors
Looney, Robert
Subjects
Advisors
Date of Issue
2003
Date
June 2003
Publisher
Monterey, CA; Naval Postgraduate School
Language
Abstract
The 1980s began with Iraq recognized as being one of the most promising countries in the Middle East and in the developing world. It was a donor country as well as a significant international creditor. The central bank held approximately $36 billion in foreign assets (Jiyad, 2001, p.15). Per capita income was around $4000 and, with a growing middle class and the start of a modern industrial sector, the country was poised for take-off to high-sustained growth. A plausible scenario at the time would have anticipated the country having a Gross Domestic Product (GDP) of close to $400 billion, with a per capita income of $15,000, self sufficient in food, and an exporter of a wide variety of industrial products.
Type
Article
Description
Series/Report No
Strategic Insights, 2002-2010
Department
Organization
Center on Contemporary Conflict (CCC)
Identifiers
NPS Report Number
Sponsors
Funder
Format
Citation
Strategic Insights, v.2, issue 6 (June 2003)
Distribution Statement
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.