Economic policy and prospects in Iraq

Christopher Lee Foote (), William Block, Keith Crane and Simon Gray

No 04-1, Public Policy Discussion Paper from Federal Reserve Bank of Boston

Abstract: This paper describes the Coalition Provisional Authority’s attempts to stabilize and reform Iraq’s economy along market lines. It argues that while security concerns remain serious, Iraq’s economy has not been crippled by violence. However, sustained economic growth will depend on whether Iraq’s future leaders pursue the pro-market approaches the Coalition has advocated. If the Iraqi economy is to reach its potential, it will need to go even farther than the Coalition did, implementing reforms the Coalition did not pursue because of security concerns.

Keywords: Economic conditions - Iraq; Economic policy - Iraq (search for similar items in EconPapers)
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Date: 2004
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Journal Article: Economic Policy and Prospects in Iraq (2004)
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