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Investment allocations in Iraq .... Is targeting the poor? | ||
| Iraqi Journal For Economic Sciences | ||
| Article 1, Volume 0, Issue 27, 2017, Pages 11-24 | ||
| Author | ||
| Dr.Qusay Al Jabry | ||
| Abstract | ||
| Poverty was not a feature in Iraq, but the Iraqi economy has been exposed to a process of systematic impoverishment, started in the eighties of the last century. The Iraq-Iran war, which continued for the period 1980 - 1988, set enormous burdens on the Iraqi economy .On the other hand the sanctions imposed on Iraq under Security Council resolution 661 on August 6.1990 had massive consequences on the Iraqi economy. After 2003, the poverty continued in Iraq, due to the legacy of terrorist actions, largely on the possibility of investment in the Iraqi economy, which led to high rates of unemployment. Besides that, there is vast corruption in the Iraqi institutions, and the international reports indicate that Iraq had a low level in the indicators of security site and the investment climate. Based on the results of the Economic and Social Survey of the Family in Iraq (IHSES), it was found that Iraq's governorates vary in terms of poverty and its severity. While more than 40% of the population of some governorates is poor, for example: Muthanna 49%, Babylon 41%, and Salahuddin 40%. The proportion of poor people in other governorates is less than 10%, as in Kurdistan province. Also, the governorates with high proportion of the poor (the size of poverty) its poverty gap is increasing as well. All this requires some justice in the distribution of investment allocations between the Iraqi governorates to take into account the level of poverty in these governorates as well as the number of people in the province. The research aims to find an understandable and scientific way to distribute the investment allocations among the governorates of Iraq to take into account the reality of poverty and the size of population in each governorate. | ||
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