Iraq Economic Monitor, Spring 2018 : From War to Reconstruction and Economic Recovery
The Iraq Economic Monitor provides an update on key economic developments and policies over the previous six months and presents findings from recent World Bank work on Iraq, placing them in a longer-term and global context and assessing the implic...
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World Bank, Washington, DC
2018
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Online Access: | http://documents.worldbank.org/curated/en/771451524124058858/Iraq-economic-monitor-From-war-to-reconstruction-and-economic-recovery-with-a-special-focus-on-energy-subsidy-reform http://hdl.handle.net/10986/29688 |
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okr-10986-296882021-05-25T09:13:45Z Iraq Economic Monitor, Spring 2018 : From War to Reconstruction and Economic Recovery World Bank Group DAMAGE AND NEEDS ASSESSMENT CURRENT ACCOUNT DEFICIT BUSINESS ENVIRONMENT LABOR FORCE PARTICIPATION LABOR MARKET OIL PRICES SOVEREIGN BOND MARKET POVERTY IMPACT POVERTY REDUCTION PENSIONS INTERNALLY DISPLACED PERSONS EMPLOYMENT RECONSTRUCTION RECOVERY FISCAL TRENDS AGRICULTURAL PRODUCTION ENERGY SUBSIDIES PUBLIC FINANCE MONETARY POLICY ECONOMIC GROWTH ECONOMIC OUTLOOK RISKS SUBSIDY REFORM GOVERNANCE The Iraq Economic Monitor provides an update on key economic developments and policies over the previous six months and presents findings from recent World Bank work on Iraq, placing them in a longer-term and global context and assessing the implications of these developments and other changes in policy regarding the outlook for Iraq. Its coverage ranges from the macro-economy to financial markets to indicators of human welfare and development. Iraq is slowly emerging from the deep economic strains of the last three years, but progress in addressing the legacy of the war against ISIS and the accumulated development deficit from decades of conflict needs to be accelerated. Following the complete liberation from ISIS of all Iraq territory in December 2017, the Government of Iraq (GoI) is putting in place a comprehensive reconstruction package linking immediate stabilization to a long-term vision. The conflict with ISIS and widespread insecurity have created a major humanitarian and economic crisis. Iraq’s growth outlook is expected to improve thanks to a more favorable security environment and gradual pick up of investment for reconstruction, but absent structural reforms, higher growth would be short-lived. The outlook is also subject to significant social and political risks. Lingering political tensions, weak administrative capacity and widespread corruption continue to pose a downside risk and could further limit the government’s reform effort and its capacity to implement investment for reconstruction. 2018-04-19T13:20:09Z 2018-04-19T13:20:09Z 2018-04 Report http://documents.worldbank.org/curated/en/771451524124058858/Iraq-economic-monitor-From-war-to-reconstruction-and-economic-recovery-with-a-special-focus-on-energy-subsidy-reform http://hdl.handle.net/10986/29688 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work Middle East and North Africa Iraq |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
DAMAGE AND NEEDS ASSESSMENT CURRENT ACCOUNT DEFICIT BUSINESS ENVIRONMENT LABOR FORCE PARTICIPATION LABOR MARKET OIL PRICES SOVEREIGN BOND MARKET POVERTY IMPACT POVERTY REDUCTION PENSIONS INTERNALLY DISPLACED PERSONS EMPLOYMENT RECONSTRUCTION RECOVERY FISCAL TRENDS AGRICULTURAL PRODUCTION ENERGY SUBSIDIES PUBLIC FINANCE MONETARY POLICY ECONOMIC GROWTH ECONOMIC OUTLOOK RISKS SUBSIDY REFORM GOVERNANCE |
spellingShingle |
DAMAGE AND NEEDS ASSESSMENT CURRENT ACCOUNT DEFICIT BUSINESS ENVIRONMENT LABOR FORCE PARTICIPATION LABOR MARKET OIL PRICES SOVEREIGN BOND MARKET POVERTY IMPACT POVERTY REDUCTION PENSIONS INTERNALLY DISPLACED PERSONS EMPLOYMENT RECONSTRUCTION RECOVERY FISCAL TRENDS AGRICULTURAL PRODUCTION ENERGY SUBSIDIES PUBLIC FINANCE MONETARY POLICY ECONOMIC GROWTH ECONOMIC OUTLOOK RISKS SUBSIDY REFORM GOVERNANCE World Bank Group Iraq Economic Monitor, Spring 2018 : From War to Reconstruction and Economic Recovery |
geographic_facet |
Middle East and North Africa Iraq |
description |
The Iraq Economic Monitor provides an
update on key economic developments and policies over the
previous six months and presents findings from recent World
Bank work on Iraq, placing them in a longer-term and global
context and assessing the implications of these developments
and other changes in policy regarding the outlook for Iraq.
Its coverage ranges from the macro-economy to financial
markets to indicators of human welfare and development. Iraq
is slowly emerging from the deep economic strains of the
last three years, but progress in addressing the legacy of
the war against ISIS and the accumulated development deficit
from decades of conflict needs to be accelerated. Following
the complete liberation from ISIS of all Iraq territory in
December 2017, the Government of Iraq (GoI) is putting in
place a comprehensive reconstruction package linking
immediate stabilization to a long-term vision. The conflict
with ISIS and widespread insecurity have created a major
humanitarian and economic crisis. Iraq’s growth outlook is
expected to improve thanks to a more favorable security
environment and gradual pick up of investment for
reconstruction, but absent structural reforms, higher growth
would be short-lived. The outlook is also subject to
significant social and political risks. Lingering political
tensions, weak administrative capacity and widespread
corruption continue to pose a downside risk and could
further limit the government’s reform effort and its
capacity to implement investment for reconstruction. |
format |
Report |
author |
World Bank Group |
author_facet |
World Bank Group |
author_sort |
World Bank Group |
title |
Iraq Economic Monitor, Spring 2018 : From War to Reconstruction and Economic Recovery |
title_short |
Iraq Economic Monitor, Spring 2018 : From War to Reconstruction and Economic Recovery |
title_full |
Iraq Economic Monitor, Spring 2018 : From War to Reconstruction and Economic Recovery |
title_fullStr |
Iraq Economic Monitor, Spring 2018 : From War to Reconstruction and Economic Recovery |
title_full_unstemmed |
Iraq Economic Monitor, Spring 2018 : From War to Reconstruction and Economic Recovery |
title_sort |
iraq economic monitor, spring 2018 : from war to reconstruction and economic recovery |
publisher |
World Bank, Washington, DC |
publishDate |
2018 |
url |
http://documents.worldbank.org/curated/en/771451524124058858/Iraq-economic-monitor-From-war-to-reconstruction-and-economic-recovery-with-a-special-focus-on-energy-subsidy-reform http://hdl.handle.net/10986/29688 |
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1764469984313999360 |