Expert: Iraq needs to develop economic management system

Expert: Iraq needs to develop economic management system

 

06/05/2017 0:00

BAGHDAD / Hussein Tgb
In light of the decline in oil prices and the lack of indicators on the rise within the next two years dramatically, the total of 5 years and perhaps more than a decline in the only economic resource requires stopping to re-think about what needs to be done to activate the twenty-first century economy, which imposed a wide range of changes in the world have not been keep up with these changes to the government and the investor and the legislature, where the level of the economic system in the administration of Iraq still managed traditional with data is able to deal with the vocabulary of current and future conditions, taking into account the decline of the state's role of being the main engine for Economy to a new role seeking to know and operate it.
(Morning) met with the international economy expert Mohammed al - Najjar to deal with the economic reality analytically and through a series of press materials, which culminated in a number of questions.
- Where is the problem?
* Lack of real understanding between the government and the investor which is the key not to create the required integration.
- What is the purpose of the development of this scheme and how did you come to him?
* This chart is trying to clarify the components of the problem of understanding to be dealt with and not put the problem in general as slang, this scheme as a result of four years of work , a number of mechanisms , including questionnaires and study the experiences of a number of successful investors who did not write them success and this product of the ongoing cohabitation with the government and the investor .
- What is the definition of a new role of government?
* Since Iraq found thousands of years ago, the management of the country was centrally means the spread of the central culture of the management of the economy reflected this concept after the discovery of oil and the acquisition of state president and economic resource for the country and the entry of socialist thought later to devote the role of government spending , the real engine of the economy, which created a gap between the government and the investor, creating a culture was not easy to get rid of them , despite 14 years after the change and the transition to a federal system and the free market economy that requires the integration of government work with the investor to ensure its success and this has not been achieved because of the lack of ground real understanding, and therefore do The government must be different from the engine as the foundation of the economy to "services and an integrated provider environment to ensure the success of the investor 's role in creating sustainable development"  
- remember the need for a holistic view of the management of the economy this role Ellis Investment Authority and the Ministry of Planning?
* Investment Authority concerned with the mechanisms and attract investment, but not the party that sees the economy in a holistic manner, either from the Ministry of Planning , it must find a new goal and new thinking for its work and functions to be able to work in the current situation and be more effective.
- Is the case of Iraq in particular and we can not access them and what are the experiences of others that refer to it in the chart?
* The case of Iraq is not private , as some claim , because many countries have passed the same conditions and was able to find an understanding with the investor , which led to the creation and definition of the role of the government environment , the parties were able to the advancement of their economy and the best proof of that South Korea, Singapore, the Czech Republic and the former Soviet Union as a whole, some might say: that their circumstances and our circumstances and talk here is not about the circumstances as much as the fact that good ideas can be applied to its content frame or an Iraqi Iraqization idea which Maflth those countries by making good ideas coming from other countries , local ideas after setting the proper framework for their application in their country.
- at the center of legislation remember the lack of clarity of vision and a lack of joint action.
* I did not find in the past four years and one document shows a unified real and realistic economic vision by the government and the legislature and the investor taking into account the real size of the potential of Iraq 's competitiveness in the region and the world , and especially as it is surrounded by countries of regional , such as Turkey and Iran , where the expertise and labor costs cheaper than Iraq and built production available infrastructure, the presence of such a vision will indicate the roles of each party have to do what creates the required ground of understanding, and we miss the real tributaries Kalmassat non - governmental organizations and supported by the State (Think Tank) that sponsor economic thought and help in the process died Thought and information necessary to create such a vision and Alstratgiat required for its implementation.
- the chart shows your focus on the local investor does Shred required from him in seeing the role?
* Much reduced integration process failed one word corruption or poor performance of the government in this area, but the chart shows otherwise , where falls on the investor 's part is going from failure to the mentioned process, which has not lived up a lot of investors to the role of real businessman who is different the role of the merchant or contractor who supports his work mainly on the addition of profit above the cost of selling the product or building the facility, the entrepreneur needs to be informed and the ability to plan and create administrative and financial systems for the management of medium and long - term investment process, was also a focus on the local investor because most Altj Successful global convergence was based on the development of the local investor for the fact that the national capital has a very long - standing in the local economy compared with the head of the next capital from abroad, as well as the expertise resulting from the investment remain as part of the local economy does not leave it .

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