Iraq's Future: Will Oil Be a Blessing or Curse?

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Authors
Looney, Robert
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Date of Issue
2004-06
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Abstract
A curse pretty much characterizes the role played Iraq's oil wealth over the last several decades. As with its past, Iraq's future will depend largely on developments in that sector and how, the new Iraqi government manages the revenues derived.from oil exports. Is there a strategy the Iraqi authorities can put in place that offers some hope in avoiding the spectrum of problems that have plagued almost all other developing country oil exporters?
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Article
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National Security Affairs
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The Middle East Business and Economic Review, Volume 16, No. I (June 2004)
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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.
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