Bean Counting in Baghdad : Debt, Reparations, Reconstruction, and Resources; Strategic Insights: v.2, issue 6 (June 2003)
| dc.contributor.author | Looney, Robert | |
| dc.contributor.corporate | Center on Contemporary Conflict (CCC) | |
| dc.contributor.corporate | Naval Postgraduate School (U.S.) | |
| dc.contributor.department | National Security Affairs (NSA) | |
| dc.contributor.other | Center for Contemporary Conflict (CCC) | |
| dc.date | June 2003 | |
| dc.date.accessioned | 2013-01-11T00:06:24Z | |
| dc.date.available | 2013-01-11T00:06:24Z | |
| dc.date.issued | 2003-06 | |
| dc.description | This article appeared in Strategic Insights (June 2003), v.2 no.6 | en_US |
| dc.description.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. Instead, Iraq sealed its demise in 1980 with its invasion of Iran. Two wars and a decade of sanctions later, GDP is not $400 billion but $30 billion--per capita income is $2000 at best. Industry has ceased to exist and unemployment is optimistically estimated to be around 50%. This Strategic Insight examines Iraq's fiscal challenges and possible financial strategies over the next decade or so. What options are available under UN Resolution 1483 of May 23, 2003, as well as the resolutions coming out of the May 2003 G-8 Finance Ministers' meetings? Which strategies seem best from the perspective of Iraq's reconstruction? Under reasonable assumptions, will there be enough money to reconstruct the economy and revitalize the oil industry? | en_US |
| dc.identifier.citation | Strategic Insights, v.2, issue 6 (June 2003) | |
| dc.identifier.uri | https://hdl.handle.net/10945/25380 | |
| dc.publisher | Monterey, CA; Naval Postgraduate School | en_US |
| dc.relation.ispartof | Strategic Insights, v.2, issue 6 (June 2003) | |
| dc.relation.ispartofseries | Strategic Insights, 2002-2010 | |
| dc.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. | en_US |
| dc.title | Bean Counting in Baghdad : Debt, Reparations, Reconstruction, and Resources; Strategic Insights: v.2, issue 6 (June 2003) | en_US |
| dc.type | Article | en_US |
| dspace.entity.type | Publication | |
| relation.isOrgUnitOfPublication | 66cd257c-98a0-435c-aa58-f181c8b573d5 | |
| relation.isOrgUnitOfPublication.latestForDiscovery | 66cd257c-98a0-435c-aa58-f181c8b573d5 | |
| relation.isSeriesOfPublication | 5c4dcdbc-4113-45d3-9a6f-8a4d62b3d409 | |
| relation.isSeriesOfPublication.latestForDiscovery | 5c4dcdbc-4113-45d3-9a6f-8a4d62b3d409 |
Files
Original bundle
1 - 1 of 1
Loading...
- Name:
- Bean_Counting_in_Baghdad_Debt,_Reparations,_Reconstruction,_and_Resources.pdf
- Size:
- 145.8 KB
- Format:
- Adobe Portable Document Format