{Dollar} new book by economic expert Fouad Prince

by day dreamer Fri 14 Aug 2015, 11:21 pm

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{Dollar} new book by economic expert Fouad Prince

by day dreamer Fri 14 Aug 2015, 11:21 pm

{Dollar} new book by economic expert Fouad Prince

8/15/2015 0:00

BAGHDAD - morning
Brphi approach within the Arab library additions mission to enlighten those interested in the quality of economic development, but also economics, poses economic and oil affairs specialist expert Fouad Prince book (the role of the dollar and its impact on gold, oil and other currencies).
He says in the introduction to the book, "I wrote about oil and the budget hydroponics political, economic and other for Iraq and topics, but I did not write about the industry, which is supposed to be the primary objective, as most scientific and practical experience is in the field of industry, particularly chemical industries" .
He explains, "but how do I write about the industry in Iraq to make it a success industrially, without writing about the economic system that must be it Iraq. Full and firm conviction that it can not gotta industry in Iraq to take place and evolve, depending on the system "open economy" and economic system that he wanted the American occupation of Iraq since 2003, with the occupation of this was accompanied by chaos and corruption. "
The book was released by the House tomorrow and the angel House of Arts and Letters and publication distributed.
The book of 396 pages of large size, is divided into four chapters, the first of which dealt with World War II, the US and the greater prominence, as it addresses the circumstances and causes of the war as well as the emergence of the US currency "dollar" as the strongest global currency stability and excellence.
While the author deals in the second quarter to talk about "the Bretton Woods system / dollar top currency", a system originated before 1945, but before the end of the Second World War and was the most important decisions of the United Nations commitment to transfer surpluses dollar in the capitalist countries to the gold fixed amount of $ 35 at a price per ounce.
The third chapter of the book, entitled (the dollar, gold and oil), and is divided into three main axes. First the dollar and gold, and the second is the dollar and other currencies and the purchasing power of the dollar, then the third oil prices and their relation to the dollar and gold.
The fourth and final chapter of the book deals with globalization placed, entitled "Introduction to the globalization / globalization of information."
Offers Prince vision and conviction that differs by with the Americans and some Iraqi economist, where he says in his introduction to the book also said that the meaning of "economic openness" for the American and some Iraqi economist, is the so-called "neo-liberal", or economic globalization, or what some call him unrestrained capitalism or unbridled. This kind of economy can not be that the industry develops in Iraq, but what develops is planned by the state economy (the legislative and executive authorities), and under the planning and supervision, directing and financing, especially in the joints president of the Iraqi economy, with the whole field open, (except for the acquisition of a stake in oil and gas), the Iraqi private sector and support fully within the planned economy.
The writer continues to provide his convictions on an open economy where adds, "I did not find in the previous readings and Mtabati, one country in the developing world adopted the so-called" open economy ", and was able through which to develop its economy and development. But it was quite the opposite and always, and in all developing countries, which goes in this direction since the late seventies of the last century to the present day, whether it is on track this "voluntarily" to conviction in this economic approach, or forced under pressure from the United States directly or through international institutions that represent machine US pressure in this regard, such as the International Monetary Fund or World Bank, or the WTO, and under various names are all located under the so-called "economic reforms" !!. The results were always exhaustion Athagalh economy and debt, and the spread of poverty and destitution, and the failure of education, health and public services, corruption and civil wars, and ended with a lot of these countries to failed states. "

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