Iraq : Diversified Development in a Resource-Rich Fragile State
More than 10 years after the overthrow of Saddam, the impatience of the Iraqi people and government for transformation of their economy to advance shared prosperity is growing. The government has expressed the desire for the World Bank Group to enh...
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| Format: | Report |
| Language: | English en_US |
| Published: |
Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/06/24487451/iraq-diversified-development-resource-rich-fragile-state-world-bank-background-note http://hdl.handle.net/10986/22099 |
| Summary: | More than 10 years after the overthrow
of Saddam, the impatience of the Iraqi people and government
for transformation of their economy to advance shared
prosperity is growing. The government has expressed the
desire for the World Bank Group to enhance its role in this
transformation. This note proposes two pillars for the
government to consider as central to the objective of
diversification: enabling transformative investments and a
comprehensive financing framework aligned with these
investments. The obstacles to this approach are
considerable, so a pre-requisite is high level government
ownership and an implementing structure to match. A proposed
institutional structure to embody this is outlined. |
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