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Volume 11, Issue 1.
Winter
Apart from its obvious strategic implications, the Iran-Iraq war has brought about far-reaching structural changes in the economies of the belligerent nations. Falling oil prices have further exacerbated the war-related hardships. In this wide-ranging essay, Anne-Marie Johnson examines the measures Iraq has taken to meet the economic demands of ... read morethis war. Iraq has developed export outlets, rescheduled its debt, built new transport facilities, and partially liberalized its private sector. Ms. Johnson concludes that Iraq has positioned itself favorably to deal with current and future challenges posed by the international economic environment.
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