Money effectiveness for Iraq central Bank

A. Al Asadi, Yosef; S. Jarah, Naeem

	Money effectiveness for Iraq central Bank
Managerial Studies Journal
Article 5, Volume 8, Issue 15, 2015, Pages 157-189 PDF (0 K)
Authors
Yosef A. Al Asadi; Naeem S. Jarah
Abstract
Central bank plays a crucial role in effective on economic activity and normally that effectiveness has been different among states according to its economic system nature, The degree of development as well as the central bank independency and monetary tools which is using. The most important factors which effect on the central bank monetarism effectiveness is the extent to its operational target and economic structural as well as the nature of central bank tools for the degree of response of central bank toward economic changes reflect the effectiveness of central bank and its higher degree means higher effectiveness and vice versa. The talking about Iraqi central bank and the fiscal policy relate with a many changes that effect-generally- on the performance of central bank and Specially on its fiscal policy . Because a very difficult circumstances have done on the political and economic level which contribute to the weaken of central bank role. The wars which destroyed the infrastructures of Iraq economy and put back the humanity and economic development process for the losing to a great amount of human and natural resources and the embargo which is caused many economic and social problems for,for instance of these problems the anticorruption and loss of many investments opportunities and the change of political system after April 2003 which is caused to delete many laws that was managed fiscal monetary policy.
Keywords
money; effectiveness; Iraq; Central bank

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