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Economic influence
Economical 10/04/2023
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Yasser Al-Metwally
Economic influence is the most successful means of seizing the wealth and resources of economically backward countries, that is, those that are not exploiting their natural resources, and for multiple reasons that are acceptable to them.
Here, economic influence differs from colonialism, occupation, and excessive forceful exploitation of the resources of that weak state.
The soft war between the big ones, and I mean the great powers, represents a heated competition to control the new and promised economic system, and this competition is framed under the title (economic influence).
Economic influence is the root of the problem between the big ones. The difference between the two powers, America and China, is in the way they deal and deal with controlling the Black Continent, the Middle East, and the rest of the weak countries.
China deals with countries in a flexible, non-extremist manner by extending a network of its companies to countries to rebuild and invest in them, thus expanding its economic influence. Therefore, it notes that the rate of economic growth in it has exceeded imagination, which angered America and expressed its fears of China’s control over the global economic system that America maintains. And hold on to it with all strength.
While the strict policy of the United States of America, through imposing sanctions and blockades and preventing countries from accessing their funds deposited in American and European banks, led these countries to throw themselves into the arms of China, and also left a tendency for countries allied with America to become reluctant and think about getting rid of it, as they were fed up with this... Extreme policies.
The closest evidence of this is that a large number of its allies have expressed their desire to join the BRICS group, which is trying to compete with the dollar, in order to feel some security about the future of their money.
This equation, and I mean dealing with countries, applies to Asian and European countries in general. The soft war that took many dimensions between Russia and Europe is included in this analysis and the reality on the ground.
This conflict and disagreement between the great powers portends great dangers, indicators of which include the Ukrainian-Russian war and military coups in Africa, and the world is watching and waiting for what these changes will lead to and the results that may occur.
Some of these countries have decided on their application to join, including Saudi Arabia, which still maintains its economic relations with America and the West, according to its reading of its interests, and this balance that Saudi Arabia has followed in its rationality in dealing with the changes, comes from a position of strength and solidity of its economy.
The Eastern Bloc, by which I mean China and Russia, and the Western Bloc, by which I mean America and Europe, are competing to achieve economic influence and thus lead the new economic order in the world.
the question; Can Iraq take a position similar to Saudi Arabia's policy?
In the short term, he cannot take such a step due to the many attachments, but his economic decision can be liberated when he reforms his administrative and economic system, works to reactivate the productive sectors in their various names, and achieves or comes close to achieving self-sufficiency in most of its requirements. Then Iraq will be able to Achieving balance according to national interests.
We need a development revolution in the industrial and agricultural production sectors and proper exploitation of Iraq’s wealth so that the strength of the Iraqi economy returns to its true position. Then Iraq will be able to play according to its economic interests like other countries.
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