Chapter 14: Iraq in 2025
What will the political economy of Iraq look like in 2025? That will depend, of course, on both external surprises and the policy decisions made by the GoI. At the same time, the Iraqi people are not pawns or simply numbers in a survey. They will not only respond to unexpected exogenous shocks or policy initiatives in unexpected ways but also create new realities that will probably defy prediction. Does this make attempts to predict the future a waste of resources? That depends on its purpose. If it is an attempt to lay out in detail the characteristics of Iraq in 2025, then it is a waste of time. However, it can be a valuable exercise if it forces one to think about trends, priorities, and resources. In this way, it can help private and public Iraqi entities make choices.
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