Kurdistan Region of Iraq : Economic and Social Impact Assessment of the Syrian Conflict and the ISIS Crisis
The development objective of the Kurdistan Regional Government (KRG) economic and social impact assessment is to provide the Iraqi Government with an impact analysis of the current crisis at the regional level. This will provide a foundation for in...
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| Format: | Economic & Sector Work |
| Language: | English en_US |
| Published: |
Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/02/23986552/iraq-economic-social-impact-assessment-syrian-conflict-isis-crisis http://hdl.handle.net/10986/21597 |
| Summary: | The development objective of the
Kurdistan Regional Government (KRG) economic and social
impact assessment is to provide the Iraqi Government with an
impact analysis of the current crisis at the regional level.
This will provide a foundation for international efforts to
assist the KRG in its efforts to rally humanitarian support.
The events which motivate this study include: the Syrian
civil war, which began in 2011; and the insurgency of the
ISIS (Islamic State in Iraq and Syria) group, which began in
June 2014. The violence and atrocities associated with each
of these two events caused tens of thousands to flee their
homes and many chose the relative safety of Kurdistan Region
of Iraq (KRI), as refugees from the Syrian conflict and as
internally displaced persons (IDPs) from the ISIS crisis.
These events took place in the context of the fiscal crisis,
which caused about a 90 percent drop in fiscal transfers
from the central government in Baghdad starting in early
2014. This report provides the government with a technical
assessment of the impact and stabilization costs associated
with the influx of refugees and IDPs. Impact refers to the
immediate economic and fiscal effects on the KRG economy and
budget, while stabilization cost refers to the additional
spending that will be needed to restore the welfare of
residents of the KRI. The report is the outcome of a process
in which a World Bank team engaged intensively on the ground
with regional government institutions and international
partners to gather and mobilize data from disparate sources
into a structured narrative and integrated technical
presentation from which all stakeholders can draw to help
them design and implement strategies for coping with the crisis. |
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