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Public expenditure and its impact on commodity imports in Iraq for the period (2003-2010) | ||
| The Arab Gulf | ||
| Article 8, Volume 45, Issue 1, 2017, Pages 161-196 PDF (0 K) | ||
| Authors | ||
| Prof.Dr. Nabil Jaafar AbdulRada; Asst Lect. Dhaidan Tawirish Hashim | ||
| Abstract | ||
| Abstract: Public expenditures consider the most important financial variables which can affect economic activity for being of main components for the aggregate demand which would affect the aggregate supply. Kenyan financial thought refers to that public expenditure leads a key role in stimulating economic activity and thus reducing unemployment rates based on a multiplier mechanism. Iraq has followed policy that mainly based on expansion of public expenditure since the beginning of 2003,with high growth rates compared to what was prevalent before, due to its inflexibility and efficiency local production system in the Iraqi economy that large proportion of increase in aggregate demand which resulting from increased public expenditures during the period 2003-2010 which were met by commodity imports that achieved for the same period. | ||
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