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Iraqi Kurdistan’s two contrasting economic images

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This article analyses the contrasting positive and negative economic images of the Kurdistan Regional Government (KRG). Oil prospects, foreign direct investment and trade with Turkey, information technology and water, among others, contribute to the positive image. However, the KRG also remains a classic rentier state with all the problems that entails. Other problems contributing to the negative image include unemployment, a large public payroll, banking, taxing, agriculture and corruption, among others.

Keywords: Iraq; Kurdistan Regional Government (KRG); Turkey; banking; oil information technology; rentier state; taxing

Document Type: Research Article


Affiliations: Tennessee Technological University

Publication date: April 30, 2012

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  • The International Journal of Contemporary Iraqi Studies is a new peer-reviewed, tri- annual, academic publication devoted to the study of modern Iraq. In recognition of Iraq's increasingly important position on the world stage, the time is right for a new journal dedicated to scholarly engagement with the country.
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