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Causality Relationship between Investment and GDP in Iraq for the Period from 1990 to 2016: Econometric Study

المصدر: مجلة القادسية للعلوم الإدارية والاقتصادية
الناشر: جامعة القادسية - كلية الادارة والاقتصاد
المؤلف الرئيسي: Helal, Jenan S. (Author)
المجلد/العدد: مج20, ع4
محكمة: نعم
الدولة: العراق
التاريخ الميلادي: 2018
الصفحات: 1 - 11
ISSN: 1816-9171
رقم MD: 1234672
نوع المحتوى: بحوث ومقالات
اللغة: الإنجليزية
قواعد المعلومات: EcoLink
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المستخلص: Investment and Gross domestic product (GDP) are considered the most important tools for growth and development process, moreover, they are the spontaneous catalytic drivers to this process, as investment represents additions to the cash flow cycle. Apparently, it is also a key source to transfer the technology and experience, and through which the economy could be able to open up and be accessible to international markets. While The GDP is an indicator that has been induced at the overall health of the economy. As its growth evidence of wealth creation, investment and increased the employment, and influences its contraction conversely. Due to the Iraqis current economic conditions which are suffering from, it has become urgent to pay attention to the investment areas, attributes as a reality that must be interacted with as an important source of financing and implementation of production and development plans, and for this need was a call for the emergence of a number of legal rules belonging to more than a branch of private law that calls for attention to the investment law, as the latter considers a reflection mirror of the economic fundamentals. The investment is one of the big and complex issues because it helps countries on economic openness, for instance, there are countries that have economic resources, but they are unable to invest them for many reasons, such as lack of labour, limited economic investment capabilities and this may be due to the influence of the political reasons as the conditions in Iraq.

ISSN: 1816-9171