Adnan Mnati Salih
Since human societies existed, the economic problem was related to multiple human needs and unique economic resources, thereafter it has been developed and expanded with the development of social life and economical transactions in those societies. Economic problems have become a prominent issue in many contemporary countries with capitalist, communist and socialist systems. This problem is more obvious in developing countries that suffer from many economic and political problems and become a threat for all aspects of life, especially economic, social and political. During its modern history, Iraq is one of the countries that face many of economic problems, especially during the last three decades due to the wars situations. It is difficult to tackle all economic problems according to the ground reality and practical vision. Thus, in this paper, intellectual analysis of three basic issuesnamely, recessionary inflation, unemployment and poverty are to be analyzed.Chronic deficits in the public budget, and an intellectual vision to address these problems are also discussed.
Iraqi Economy