[Dean's World] Dave Price: Economic Revitalization In Iraq
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Sat Jul 14 21:09:36 EDT 2007
Posted by Dave Price:
Economic Revitalization In Iraq
http://www.deanesmay.com/posts/1184461767.shtml
A [1]must-read analysis from Military Review.
One of the best points made was that economic ties can go a long ways
towards eliminating sectarian violence.
Basically, the author argues there were some mistaken assumptions
about the ineffectiveness of Iraq's industrial base, with fairly
efficient state-owned factories being shut down, causing huge economic
harm. These are now being brought back up with some success.
Also interesting: Iraq's unemployment rate is only 18%, according to
official statistics (though another 38% or more are underemployed).
The number we see cited for unemployment in the press is always much
higher.
References
1. http://usacac.army.mil/CAC/milreview/English/JulAug07/Brinkley.pdf
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