ISSN: 1817-5880

Volume 31, Issue 25

Volume 31, Issue 25, Spring 2015, Page 1-213


Roles of Dutch Disease and Resource Curse in Propagation of Corruption in Iraq

Haitham Abdullah Salman

Gulf Economist, Volume 31, Issue 25, Pages 1-26

The administrative and financial corruption in Iraq is not a new issue, but became widespread phenomenon due to the political changes since 2003 until current time. It has led for many economic, political and social troubles. However, the hypothesis of this paper assumed that addressing of corruption would mitigate the negative economic influences of Dutch disease and resource curse. This study included three sections, and the major conclusion of study has revealed that the research hypothesis and economic reality are compatible. And the most important recommendations of this study is; restructuring the independent Anti-corruption organizations and other related institutions - such as commission of integrity, board of supreme Audit, and inspector general office - to be integrated in one general institution called “Supreme Board for Financial Audit, Administrative, and Legal and Social Affairs” includes four directorates which are; Administrative Supervision Commission, Financial Supervision Commission, legal Supervision Commission and Social Supervision Commission. Subsequently, the obligation of the supreme board will be directed according to the type of corruption, not to its level.

The international financial crisis in the mechanism of controlling system and governing systems andanalyzing the space of the case

Fawzia Ghalib Umar AL- Sadoon

Gulf Economist, Volume 31, Issue 25, Pages 27-53

Our attitude for the international Financial crisis, in the simple mode of the controlling and governing system, renew logically. Because it , considered as a mean to recover the new in formations about the economic organizations. Thereby we will find which the solution is the best to use successfully . In the shadow of the composition , there would be a rising in the possibility of putting right organizations and real ones on average . that is will be done through the among the organizations and solving the systems equations .
Through programming the equations of the model we would get three equations for one variable to the case. That means "There is no availability to find equation of individual case to describe the dynamic organizations . The aim is to maintain the level of boundaries to prevent the crisis in the money supply.

Features of the oil policy in Iraq

Yahya Humood Hassan Albu-Ali

Gulf Economist, Volume 31, Issue 25, Pages 54-104

The significance of this study comes from the importance of procedures, means and oil laws that control the oil sector in Iraq, and essentially effect on the oil sector expansion as a main factor for developing the economy. The problem of this study stated that the weakness or failure of the oil policy in Iraq will inversely reflected on the financial capacity due to the major role of the oil revenues in Iraq. Accordingly, the paper will explore the reality of oil policy and its former relationship in order to specify the nature of its future relationship.
This study aims to identify the relationship between Iraq and foreign oil companies in terms of different investment formulas. And the level of the loss of Iraqi oil industry which caused by unnatural circumstances. Also, this study tries to answer whether the former relationship between Iraq and foreign companies has an impact on the oil and economic situation in Iraq?
Furthermore, the assumption of this study argues that " the oil sector in Iraq is not normally developed, where it heavily influenced by wars, sanctions and the weakness of administration. However, the research layout is designed to be addressed the following aspects: The Iraqi oil in the Ottoman rule era, the time of colonialism after world war I. And then the time of monarchy 1921-1958. As well as, features of the oil policy after 1963, the Iraqi oil at the time of nationalization, and at seventeenths and the increase of oil prices. Finally, the study is also addressed the Iraqi oil at eighteenth and nineties, and after the political changes in 2003.

Model of highest rate than average:analytical study for the Iraq insurance sector

Mohammed Hussian Manhal

Gulf Economist, Volume 31, Issue 25, Pages 104-159

The present study aims to discuss and analyze a specimen higher returns than the average for the insurance companies of the Iraqi special contribution covered by research in order to choose the optimal investment portfolio that will ensure access to higher yields (high-yielding) with a minimum of risk, since this includes the search results returns and its risks and performance analysis investment portfolios posed, in order to reach to the results of wrong against which to determine the investment portfolio ideal for this sector, and in order to achieve this, the study relied on a number of research approaches sober, represented in the basis of the curriculum historic cemented concepts that have been addressed and establish it, and lies the importance of the study through the adoption of a specimen higher returns than average and is owned by an influential role in achieving high levels of returns at acceptable levels of risk. contributes to the selection of the portfolio optimal range, and launched search of a major premise that there is the possibility not to adopt a specimen higher returns than average in achieving high levels returns acceptable risk levels, have reached your search results was that the most important investment portfolio analysis in the area covered by research, that the insurance sector has achieved a negative indicators to market signals (RVAR Sharp) and index (RVAR TRynor).

The Impact of Evolution of Financial Markets on Economic Growth in Iraq

Khawla Rashige Hassen

Gulf Economist, Volume 31, Issue 25, Pages 160-178

This study addresses the financial markets and their impact on economic growth as an important economic topic in Iraq. The study analyzed concepts of financial market and its roles, as well as, indicators of evolution of financial market in Iraq and its impact on the economic growth.
However, the study found a modest progress in the indicators of Iraqi financial markets, where it has no noticeable effect on the economic growth in Iraq.

An Economic Analysis of the Oil Environmental Pollution, with Special Reference to Basra Governorate

Man Abood Ali

Gulf Economist, Volume 31, Issue 25, Pages 179-213

This papers aims to shed light on the environmental pollution phenomenon in general and oil – environmental pollution in Basra governorate in particular. Over the last years, the pollution witnessed many forms which its damages are dramatically affected the components of natural elements represented by air, oil and water pollution. However, this effect is expanded to all aspects of human life.
The paper has demonstrated the economic cost of environmental pollution such as expenses, and financial commitments which direct toward various activities for mitigating the level of environmental pollutants, especially oil.
Furthermore, this paper tackles oil pollution represented by environmental violations; where after 2003, and in order to increase level of oil production, oil companies are significantly contribute by different ways on this respect.
Finally, the paper has discussed ways which could be taken for reducing level of pollution.