Oil and the Case of Iraq

Thomas Palley

Challenge, 2004, vol. 47, issue 3, pages 94-112

Abstract: In the arguments over how best to rebuild Iraq, too little attention has been given to channeling the benefits of its oil reserves. In fact, too many nations have squandered their natural resources. This economist proposes an interesting plan to ensure that some proportion of oil revenues in Iraq go to both its citizens and its local governments.

Date: 2004

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