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The Analysis of the Impact of Financial Discipline on the Gross Domestic Product in Iraq for the Period (1990-2019)

المصدر: مجلة القادسية للعلوم الإدارية والاقتصادية
الناشر: جامعة القادسية - كلية الادارة والاقتصاد
المؤلف الرئيسي: Al-Jubouri, Baqer Karji Habib (Author)
مؤلفين آخرين: Kadhim, Nawars Attia (Co-Author)
المجلد/العدد: مج24, ع1
محكمة: نعم
الدولة: العراق
التاريخ الميلادي: 2022
الصفحات: 198 - 209
ISSN: 1816-9171
رقم MD: 1269030
نوع المحتوى: بحوث ومقالات
اللغة: الإنجليزية
قواعد المعلومات: EcoLink
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المستخلص: Iraq depends in the formation of most of its government revenues on the revenues of the oil sector, so the Iraqi economy is a rentier economy, which is greatly affected by the changes that occur in the global crude oil markets, which made it a display of fluctuations as a result of the instability of crude oil prices, which led to the occurrence of structural imbalances in This economy, where the government has sought to prepare a set of national development plans, including the five-year development plan aimed at expanding the productive sectors through investment in the agricultural and industrial sectors and the development of means of production and export industries to find a new source of national income. But this plan did not succeed because of reliance on development plans in some countries and not drawn from their local experiences. In addition, the Iraqi economy was exposed to a set of political conditions and the region’s political instability, and the outbreak of the Iran-Iraq war in 1980 and the depletion of most of its economic resources, Followed by the war to liberate Kuwait in 1991. The United Nations imposed an economic blockade on Iraq and prevented it from exporting crude oil, which led to its dependence on the new cash issue to rebuild the infrastructure destroyed by the coalition armies, which increased the hyperinflation situation in Iraq and reduced the price of the Iraqi dinar. As for foreign currencies, especially the US dollar, Then followed the War of liberating Kuwait and the change of the regime in Iraq in (2003) and the dissolution of the military system and the dismissal of a large number of its employees and thus led to an increase in unemployment rates and a deterioration of the economic situation due to an increase in financial and administrative corruption. Iraq has become coveted by many countries and the spread of terrorist groups as a result of the political imbalance by the leaders of the parties led to the occupation of some of the provinces by these terrorist groups. At the end of the year (2017) the Iraqi forces proceeded to expel these synagogues and actually succeeded in expelling them, but it bears great material and human losses, which made Iraq live in a state of imbalance that was reflected on its government revenues and consequently the decline in GDP, which was largely reflected in the instability of indicators of financial discipline in Iraq during the research period.

ISSN: 1816-9171