The Political Economy Of Iraq

The second edition of The Political Economy of Iraq is as comprehensive and accessible as the first with updated data and analysis. Frank R. Gunter discusses in detail how the convergence of the ISIS insurgency, collapse in oil prices, and massive youth unemployment produced a serious political crisis in 2020. This work ends with a discussion of key policy decisions that will determine Iraq’s future. This volume will be a valuable resource for anyone with a professional, business, or academic interest in the post-2003 political economy of Iraq.

This edited volume addresses the issues of Iraqi Kurdistan’s political economy with historically grounded, theoretically informed, and conceptually relevant scholarship that prioritizes comparative politics over international relations. The book seeks to explore the dynamics of Iraqi Kurdistan at the stage of referendum for independence from a political economy perspective within its own debates, conflicts, and interests. Overall, the authors contribute to these debates by exploring key questions in novel ways, focusing on comparative methodology that serve to expand the scope of scientific inquiry and place it into more solid understanding.

"This book contributes significantly ot the conversation seeking to understand the international forces at play in the threatening war on Iraq." —Nelson Mandela "Behind the Invasion of Iraq . . .synthesizes the seemingly disparate threads of the U.S. war drive in a blistering indictment of American foreign policy . . .The effect is of puzzle pieces clicking into place." —Counterpunch Since September 11, 2001, there have been many accounts of the ways in which the alignment of global power is changing or will be changed by the U.S.'s "war on terrorism." Most of them take as their starting point the options facing the wealthy and powerful nations of the world seeking to control an ever larger share of the world's resources. Behind the Invasion of Iraq is written from a different perspective, and one that makes possible a far more comprehensive point of view. Its authors, Research Unit for Political Economy, are rooted in the politics of a Third World country—India—which has long been on the receiving end of imperialist power. As a consequence, they have a more sober view of the workings of global power. In clear and accessible prose, weighing the evidence carefully and tracing events to their root causes, they move beyond moral outrage to a clear view of the process being set in motion by the U.S.-led invasion of Iraq. They show that the invasion of Iraq is a desperate gamble by a section of the U.S. ruling elite to preserve their power, driven by the wish to stave off economic crisis through military means. Their efforts will not end with Iraq, but will require the recolonization of the middle East. Behind the Invasion of Iraq exposes the idea that war will bring democracy to the Middle East as so much propaganda. In a context where so many rulers are themselves clients of the United States, the war is aimed not at the rulers but at the masses of ordinary people whose hostility to imperialism has not been broken even by corrupt and autocratic rulers. This book describes the remaking of global power with a truly global awareness of what is at stake.

After twenty-five years of thinly veiled hostility, U.S. relations with post-monarchial Iraq have warmed dramatically. Simultaneously, Iraq's sovereignty has become the keystone of Gulf stability, due to Iraq's military and economic resilience and to the rise of Khomeini's Iran and the waning of Saudi influence. In this book, five leading analysts

This book analyzes the failure of the EU's peace-through-trade policy in Iraq and Iran between 1979 and 2009 from a theoretical and empirical perspective. The author adds to the trade-peace theory debate and provides evidence supporting the need to review the EU's peace-through-trade-policy towards Iraq and Iran, and in general.

Throughout the book, the authors examine a range of policies and institutional reform measures necessary to tackle the structural problems of the Iraqi economy.

This is the first major study of the alternatives confronting Iraq as it seeks to rebuild its vital oil industry while simultaneously constructing a new political system. A key challenge facing the country is to allocate the revenues oil generates in a way that avoids economic and social instability. Reviewing the present status of the industry, the authors - including Clement Henry, Massoud Karshenas, Roger Owen, Mona Said and John Sfakianakis - use comparative analysis to suggest how it might best be rebuilt. Oil and Democracy in Iraq is an important and timely assessment of Iraq's oil industry. 'Springborg's observations help understand the current stalemate in (or failure) to define the legal and administrative setting needed to undertake a real reconstruction of the national oil industry.' -- Maritza Cricorian, Istituto Affari Internazionali 'This book is exemplary, setting forth clear alternatives, as well as cautionary tales from the experiences of other states, and indeed of Iraq itself in an earlier incarnation.' -- Charles Tripp, School of Oriental and African Studies

Oil revenue has been an economic curse for Iraq. In the second half of the 20th century the international oil sector shaped Iraq's economy, forcing it to rely too heavily on revenue brought in by oil production and exports. Iraq's failure to use copious oil rents to diversify the economy has proven disastrous for its people and economy. Its over-reliance on oil revenues coupled with the consequences of its war with Iran, the Gulf War, and the ensuing economic sanctions have led the country to economic destruction, sanctions, and enormous debt. Iraq is a major oil producing country, a founding member of OPEC, and possesses the world's second highest amount of oil reserves. Yet few studies exist on Iraq's oil industry and its impact on the economic and political fortunes of the country. Alnasrawi remedies this by helping us understand this important Arab, Middle Eastern, oil-exporting country that has been a constant focus of U.S. foreign policy since 1990. Alnasrawi concludes that the availability of capital is an insufficient condition for economic development, and may in fact retard it, as it did in this now reviled and wrecked country.