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Examine the development of the private sector, the public sector relationship
9/11/2016 0:00
[rtl]Najaf / Hussein Kaabi
The head of the Iraqi Institute for Economic Reform , Dr. Kamal Al- Basri said faltering private sector in Iraq linked to the absence of the rule of law returned them Balmertkz the foundation for the launch of the private sector. Basri said during the seminar hosted by Najaf Chamber of Commerce entitled ( the crisis , private sector development and theproblematic relationship with the public sector) and the presence of a group of businessmen and academics , men and specialists to the economy, that of the other things that impede the private sector and a culture characterized by centralized support the dominance of the public sector, stressing that it contention the private sector and Thmhh.
optic and pointed out that this trait found in oil -producing countries that do not have good governance, pointing to the experiences of developed countries where the private sector led development process , even though it does not have the qualifications of Iraq, East Asia as countries that do not have natural resources. He hinted that the rule of law that protects property rights was the most prominent factor in the achievement ofdevelopment, pointing out that the democratic political system of the most important factors that achieve economic development. Basri said: that the oil wealth has a dual nature are by check prosperity and progress, as if it were an investment revenues in infrastructure and expand the production base and raise development indicators, andmay be material to retreat and misery when they are used to support the policies do not achieve economic viability. He continued, that the oil revenues are different from thegeneral revenues of the state , such as taxes , which realized the force of law and be agovernment where required to justify expenses, while oil stimulates governments to deal in an improper manner, be apparent in favor of the citizen , while the truth is just that .
He said Basri , said the fate of the country remains unknown if oil remained and policies associated with rentier, and that the evolution of the economy depends on thedevelopment of the private sector.
and between, the lifting of the rule of law indicators are investigating development in thenear future, it can not be achieved by relying on the development of prudent policies and government technocrats only. Visual and called for the development of specific mechanisms to end the guardianship and the rule of the public sector to the private sector within a certain timeframe, and the formation of an economic council to propose and implement economic reforms , is made up of government and private sectors dependent on international consultants.[/rtl]
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