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You searched for: Content Type Policy Brief Remove constraint Content Type: Policy Brief Publishing Institution Middle East Research Institute (MERI) Remove constraint Publishing Institution: Middle East Research Institute (MERI) Publication Year within 3 Years Remove constraint Publication Year: within 3 Years Publication Year within 10 Years Remove constraint Publication Year: within 10 Years
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  • Author: Athanasios Manis
  • Publication Date: 07-2016
  • Content Type: Policy Brief
  • Institution: Middle East Research Institute (MERI)
  • Abstract: This report is a contribution to the public debate in the Kurdistan Region of Iraq (KRI) about crucial aspects of the current economic crisis and the Kurdistan Regional Government’s (KRG) immediate response. In addition, it looks at the impact of four different policy options, such as a.) independence b.) rapprochement with Baghdad c.) macro-financing from International Stakeholders and d.) macro-financial assistance from Regional Stakeholders, may have in averting an economic meltdown in the short-term, on the assumption that the oil prices will remain suppressed for the foreseeable future. This report argues that it is only when the economic meltdown is averted in the short-term that the KRG will be able to proceed with deep structural reforms in the public sector and start working on the diversification of the economy.
  • Topic: International Relations, International Cooperation, International Security
  • Political Geography: Middle East
  • Author: Aram Mahmood
  • Publication Date: 07-2016
  • Content Type: Policy Brief
  • Institution: Middle East Research Institute (MERI)
  • Abstract: The current policy of salary reductions might have been the only available emergency measure for the KRG to counter its empty treasury. However, continuing the current policy, focusing on a single sector of the economy is an unsuitable response to the on-going financial crisis and is likely to significantly dampen and delay recovery.
  • Topic: International Security, International Affairs
  • Political Geography: Middle East
  • Publication Date: 07-2016
  • Content Type: Policy Brief
  • Institution: Middle East Research Institute (MERI)
  • Abstract: The MERI Economic Forum 2016 is the first of its kind to be held in Iraq or the Kurdistan Region. Iraq and the KRI, at the time of the forum in April 2016, were in the midst of a severe financial and economic crisis and searching for ways to move away from the rentier-state economic model to restructure and grow the economy.
  • Topic: International Relations, International Affairs
  • Political Geography: Middle East