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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The main options for Iraq to form a mixed economy in the Middle East and oil countries

    Rocky
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    The main options for Iraq to form a mixed economy in the Middle East and oil countries Empty The main options for Iraq to form a mixed economy in the Middle East and oil countries

    Post by Rocky Mon 15 Jan 2024, 5:23 am

    The main options for Iraq to form a mixed economy in the Middle East and oil countries

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    Researcher in development and financial affairs, Aqeel Jabr Ali Al-Muhammadawi



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    Aqeel Jabr Ali Al-Muhammadawi*
    introduction …
     It is possible to explore the main options for forming a mixed economy in the Middle East and oil countries, transforming from a rentier economy to a mixed economy, as is happening in the Gulf countries (and the model proposed in Iraq by benefiting from Arab and international experiences).
    The experience of the United States emerging from the Great Depression and creating preconditions for sustainable growth, the concept of the social market system in Germany and the origins of the post-war miracle in Japan are considered. In the modern era, the mixed economy boom model in the People's Republic of China
    The main options for forming a mixed economy in developed countries
    The beginning of the transformation of the growth of the market economy into a mixed economy (based on the Great Depression that occurred in the United States and some countries of the world).
    We review models of economic transformation and development The development of state regulation of the economy as a “response” to the “challenge” of the Great Depression is both general and specific.
    The economic crisis manifested itself primarily in a sharp decline in industrial production. In 1930 it was 80.7% compared to 1929, in 1931 it was 68.1%, and in 1932 it was only 53.8%. The decline in capital investment was greater than the decline in gross national product. Companies sharply reduced investment, as demand for their products fell, production facilities were idle, and there was no money.
    The number of completely unemployed in 1933 was 12.8 million people, or 25% of the total number of employees (Fig. 15-2). After being dispossessed and evicted for non-payment of rent, hundreds of thousands of workers were turned into beggars and homeless vagrants. Many faced the real threat of famine and poverty. In New York alone, about 2,000 deaths due to hunger were reported in 1931. The Great Depression can rightly be called one of the most inexplicable events in the history of the United States. Traditionally, the Great Depression has been referred to as a confirmation of the negative impact of the illiberal capitalist system. Organizer. Only a strong welfare state, serious economic regulation, and various state interventions can save capitalism from itself, according to the invincibility and sobriety of the economic approach followed.
    During the Great Depression, state intervention in the economy was stronger than ever. The Federal Reserve Bank was created and established specifically to prevent depression and related problems (for example, widespread banking panics). But the Fed's policy was not always reasonable, and even, according to some relevant versions and publications, it can be said that this unsuccessful policy provoked and exacerbated the Great Depression.
    In the article “Predicting Depression for the Capitalist Economy: Harvard vs. Yale” A. Dominguez, A. (Me and Fire). Shapiro shows that modern time series methods will not make it possible to predict a strong decline in output after the collapse. For the public and business circles in the 1920s Harvard and Yale were the main sources of economic analysis and forecasting.
    F.D. Roosevelt's "New Deal" was the first experiment in integrated macroeconomic regulation of a market economy. The major crisis and the "revolution of the rulers." The emergence of Keynesianism. JM Keynes and the reorientation of the economy towards personal consumption. Creating preconditions for long-term sustainable growth. Keynesian theory and practice.
    - Germany: The concept of the social market system
    The emergence of fascist regimes as a result of the Great Depression. Including the fascist model of the command economy.
    Reforms by L. Erhard - Formation of a social market economy. The role of the state in creating an institutional environment conducive to business development. "A German miracle." The Rhine model of capitalism.
    As well as the organization of German industry. The nature of scientific and technological progress and structural changes in the economy. Entrepreneurship and trade unions. Collective bargaining system. Collective institutions. The role of the state. Problems of the German economy after the unification of Germany. The strength and weakness of the German economy.
    - And Japan: The Origins of the Postwar Miracle
    Foreign Economic Activity in the 1940s and 1950s Until the 1960s, Japan had government measures of exchange controls, import licensing, and strict monitoring of a very limited number of banks serving foreign trade.
    In fact, the growth of foreign trade was a clear reflection of the success of domestic economic development, a clear manifestation of the Japanese economic miracle.
    The role of the Meiji Revolution. The birth of the "Japanese miracle".
    The development of Japan after the war. Factors of rapid economic growth. The role of the state in modernizing the economy. Industry and organizational structure of modern Japanese industry. Public Finance. Economic policy planning. System of relations in production. Competition motives. A mixture of tradition and modernity. The strength and weakness of the Japanese economy after the war.
    - The experience of the United States of America: the experience of overcoming the Great Depression and creating preconditions for sustainable growth - ⁠
    Helping students in studying the basic provisions of competition theory and methodological tools for managing the competitiveness of an enterprise. This introduction aims to study competitiveness to know the basic principles of a new, advanced, flexible and responsive methodology for microeconomics, industrial economics, market economics/productivity of industry, trade, markets, and other economic markets according to methodological, objective, standard, and realistic foundations in Iraq.
    Source: Accumulation of knowledge based on a summary of various foreign sources.


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    Added 01/14/2024 - 8:03 PM


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