The Political Economy of Iraq
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The Political Economy of Iraq

Restoring Balance in a Post-Conflict Society

Frank R. Gunter

This groundbreaking volume offers a comprehensive look at the current state of Iraq’s political economy in the aftermath of the US-led overthrow of Saddam Hussein in 2003. Frank R. Gunter describes the unique difficulties facing the modern Iraqi economy and provides detailed recommendations for fostering future economic growth and stability.
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Chapter 5: Political stability and economic development

Restoring Balance in a Post-Conflict Society

Frank R. Gunter


Will political instability condemn Iraq to economic collapse, foreign dominance, or even a rupture into three or more states? Or having looked into the abyss of civil war in 2006–2007, will Iraqis find a way to create a peaceful multi-region, multi-religion, multi-ethnic state while peaceably resolving its regional disputes? These political and social challenges have been the subject of several excellent books (see Barkey et al. 2011; Haddad 2011; Visser and Stansfield 2008) as well as a wide range of studies by various governmental, non-governmental, and international organizations (for example, see Cordesman and Khazai 2012). In view of the complexities involved, it is impossible to do complete justice to them in a small space. Therefore this chapter will be limited to a few key issues related to the relationship between internal politics, external relations, and the Iraqi economy.

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