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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Iraq's economy is suffering from cancer oil

    Rocky
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    Iraq's economy is suffering from cancer oil Empty Iraq's economy is suffering from cancer oil

    Post by Rocky Mon 04 Jul 2016, 8:02 am

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    Iraq's economy is suffering from cancer oil
    Hamid Abdul Hussein al-Jubouri 
    To Angsd cancer in terms of specialization medical customary among specialists and among the members of the community, as far as what we mean in terms of the analogy of the problem of the Iraqi economy based on the causes and effects of the disease, any analysis of the problems of the Iraqi economy suffered based on the methodology to identify the causes and effects left by cancer on a person 's life. 
    when you study the history of economic thought note the economists Alvezocrdo time (natural) who believe that all economic laws are derived from the heart of the natural laws of life, meaning that the economy normally works without any interference, his work is like a natural phenomenon in the universe, and that the money in the economy is like blood in the body, and this is what gives justification to liken the problem of the Iraqi economy -alta Snhddha- cancer.
    The application of the curriculum 
    this analysis has many Massadik in the economy both in terms of the capitalist system or the socialist meaning that the capitalist system is trying to evolve and expand and spread at the expense of other systems, particularly the Socialist and vice versa, and this is what we observe is clear that between thecapitalist system underdeveloped countries with socialist regimes that industrialized nations I took a gradual turn toward the capitalist system, this shift is suffering a lot of challenges which stand without achieve minimum cost and fastest times, and this is what caused atrophy socialist economies and provides capitalist economies. In terms of individuals that any individual a capitalist thought trying to advance and develop financially on account of other individuals, regardless of the legitimacy of the production money mechanisms. Yes development and progress is a positive thing, but should not be at the expense of others, as that achieved at the expense of others leads to the emergence of social, economic, political and military problems ... etc, as the cancer appears in the human body when they grow some cells on other growth account.
    Triple oil in the Iraqi economy
    Causes and effects of cancer also applies to the Iraqi economy in terms of contribution to economic activities in the gross domestic product, and the extent of the contribution of oil revenues , compared toincome other, as well as the case for oil exports when compared to other exports. It should be noted that the causes and effects of the disease affects the Iraqi economy in the case of high oil prices without falling, as the rise in oil prices will cause the contribution of other productive activities, and the ineffectiveness ofother revenue, especially taxes, lower non - oil exports by virtue of increased interest in oil exports as aresult of high prices and low its production costs. 
    contribution of the oil and other sectors in the GDP 
    that oil production costs in Iraq are the lowest in the world, and when the combination of high oil prices ,with low costs, will lead to increased revenue (profit oil) obtained by the state, and this is what encouraged to increase wages of workers in the oil sector in order to continue to increase oil production and continue to get the oil revenues, with the survival wages of workers in the productive sectors, particularly agriculture and manufacturing the same. 
    the higher wages for workers in the oil sector will pay workers in other productive sectors to move towards the oil sector in order to get high wages, and the result is reduced labor supply in other productive sectors, thereby increasing the demand for it rises wage work and rising output of these sectors the cost rises products prices compared to similar foreign goods prices, and declining competitiveness of goods similar foreign, and thus lower sales and production of lowering the contribution to the GDP , compared to anincrease the contribution of the oil sector in it, the higher the oil sector 's contribution to GDP at theexpense of the contribution of the sectors which is a cell growth abnormally and undefined in the human body on the other cell growth account. 
    in 1990 , the proportion of the contribution of the mining sector and industries Alstkhrajah which dominated by the oil sector, 14.29% of GDP, and accounted contribution of the agricultural sector , 19.80% of GDP, while accounting for the contribution of the manufacturing sector is 8.83% of GDP. But these proportions changed in 2014, as the proportion of the contribution of the oil sector rose to 53.27% of GDP, while the contribution of agriculture dropped to 4.75%, and the proportion of the contribution of the manufacturing industry fell to 3.32% of GDP. This disparity between the contribution rates, particularly the oil sector and other sectors lineage back several factors, most notably oil prices , which rose from $ 22.26 per barrel in 1990 to $ 96.2 per barrel in 2014, this is what caused the higher wages for workers in the oil sector and the movement of workers other sectors him falling labor supply in other sectors, and increased wages ofworkers in other sectors, and the high production costs which rises prices and declining sales (decline inother sectors , the growth of the oil sector growth due to abnormally and unspecified). 
    oil revenues and taxes 
    rising oil prices lead to increased oil revenues on other revenue account, especially taxes. The increase inoil revenues , encourage the increase of public expenditures and ongoing - expenditure on the impact ofincreased employment in the public sector , without paying attention to the burden of this employment (underemployment) - at the expense of investment expenditure on the one hand, and increased overhead of a social nature on the other hand, from in order to gain political allegiances to win government positions at the expense of building the economy. As the ease of access to oil revenues received by the government to finance public expenditures, while at the same time , the lack of political leadership with the will of truth and administration Avenue in building a strong economy does not depend on the rentier revenue, is what led to reduced interest income and other, especially taxes. 
    At a time in which oil revenues ratio of 48.40% of overall revenues in 1990, the proportion of thecontribution of tax revenue 10.77% of overall revenues, and the share of other revenue 40.81% of theoverall revenues for the same year. When oil prices rose oil revenues (some cells grow indefinitely) to reach its contribution rate of 83.62% of overall revenues in 2015, while the share of tax revenue decreased to 5.75% of overall revenues, as well as the case of revenue other since dropped to 10.63 % of total public revenues (other cells atrophy).
    Oil exports and the mechanism of the effect on other exports
    The increase in world oil prices encourage increased interest in the oil sector to increase its production form in which more than meet domestic demand in order to increase oil exports and access to more foreign currency ( an increase of foreign currency is displayed) , which leads to lower prices (foreign currency rates) compared to the high currency rates local any rise in the local currency exchange rate and this means higher local commodity prices and their inability to compete with foreign goods with low prices when compared to prices of the local currency exchange, and thus lack of local industries ability to continue production and competition in local markets as well as overseas markets, and gets (evolution the growth ofoil exports abnormally on other exports account). Were oil exports account for 93.02% of total exports in 1990, while other exports did not constitute 6.98% of the total exports , while in 2014 the proportion of oil exports contribution rose (which crude oil include oil products, phosphates, sulfur) to 99.24% of the of total exports, while the proportion of other exports contribution decreased to 0.76% of the total exports. is 
     clear from the above analysis that the Iraqi economy is suffering from cancer in the case of high oil prices , a disease that causes high Alnafty- sector 's contribution to the growth of some cells - caused by rising oil prices higher wage employees that encouraged the automatic transmission workers in other sectors , and higher wages for workers in other sectors due to lack of workers in these sectors dropped contribution - Other cells atrophy - in the gross domestic product , on the one hand, on the other hand , the ease ofaccess to oil revenues - some cells - which funds public expenditure growth prompted the government to reduce taxes - other cells atrophy - the citizens on one hand, and increase employment in the public sector on the other hand, as a prelude to gain political allegiances and win elections and to continue political power. 
    It is a third hand that the increase in foreign currency as a result to increase oil exports - some growth Klaya- lead to a rise in the exchange rate of the local currency and therefore higher domestic product prices and reduced competitiveness internally and externally collapse of local industries - other cells atrophy as aresult of not putting necessary to address the negative effects of oil revenues and turn it into positive effects as it did plans Norway when it planned to fund a sovereign all oil revenues , four are: to maintain the wages of workers in the oil sector and other sectors, finance the budget by only 4% as a percentage of annual profits earned by the fund as a result of its investments abroad, the inability of the reasons put it prevent high krone exchange rates Norwegian (Norway currency) to maintain the prices of Norwegian goods and keep their competitiveness, achieve justice between present and future generations because thegeneral oil wealth can not be restricted to generation without the other. Should the Iraqi planning thegovernment to put an Iraqi fund receives oil revenues when oil prices to neutralize the negative effects, particularly wage differentials between workers in the oil sector and other sectors to raise the contribution of other sectors in the GDP, the Fund is financed general budget proportions certain - based on the strategy of economic studies - when you get the deficit, legislation and implementation of the customs tariff law and bring justice to bear the tax burden (including the prevention of double taxation) and the fight against tax evasion and working hypothesis of progressive taxation in order to raise tax revenue and raising the share of taxes from the size of the overall revenues, direct support to national industries in direct and indirect abstraction licenses needed all the permits, and comply with any notices or evidence or data required registration with the competent organs related to the company and employees, and the provision ofelectricity , which represents the most important production requirements, the exemption machines and machines that Isturha national product from customs taxes, reducing the prices of the raw materials such as oil natural gas and other, improving health and quality of education needed to raise the quality factor -bdnaa and Aklaa- contributor to national industries.
     

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