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The social, security and economic implications of Iraq’s currency devaluation

The social, security and economic implications of Iraq’s currency devaluation

by admin | Sep 6, 2021 | Analysis

Interview with Prof Frank R. Gunter : Q1: As an economist who is familiar with Iraq, what is your view on the currency devaluation? Is it the right step taken at the wrong time? How do you see the overall effects of the devaluation? FG: I think that the primary...
Collateral Damages of Iraq’s Currency Devaluation – Pasewan

Collateral Damages of Iraq’s Currency Devaluation – Pasewan

by admin | Aug 30, 2021 | Analysis

Iraq’s Central Bank (CBI) depreciated the Iraqi Dinar (IQD) by nearly 18 per cent from IQD1,180 to IQD1,450 against the US Dollar (USD). This devaluation negatively impacts millions of “losers” – i.e., those who are most affected by inflation resulting from the...
Iraq’s 2021 Elections: voter disengagement imperil democracy?

Iraq’s 2021 Elections: voter disengagement imperil democracy?

by admin | Aug 30, 2021 | Analysis

Iraq’s 2021 Parliamentary elections are scheduled for October. Despite the elections drawing near, there is little enthusiasm among the electorate with hopes for meaningful reforms having faded with the failure of successive governments to address endemic corruptions,...
Corruption Worse Than ISIS: Causes and Cures for Iraqi Corruption

Corruption Worse Than ISIS: Causes and Cures for Iraqi Corruption

by admin | Aug 30, 2021 | Analysis

“Corruption benefits the few at the expense of the many; it delays and distorts economic development, pre-empts basic rights and due process, and diverts resources from basic services, international aid, and whole economies. Particularly where state institutions are...
The Challenges and Opportunities Within Iraq’s Informal Economy

The Challenges and Opportunities Within Iraq’s Informal Economy

by admin | Aug 29, 2021 | Analysis, Blog Post

Policy discussions associated with Iraq’s 2021 budget bill so far ignored the challenges facing the country’s informal economy. The initial budget draft prepared by the Iraqi Finance Ministry, as well as the amendments proposed by Parliament’s Finance Committee have...
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Recent Posts

  • Information Disorder in the Kurdistan Region
  • Kurdish Parties in Iraq’s Upcoming Federal Elections: New Electoral Law and Parties’ Strategies
  • The social, security and economic implications of Iraq’s currency devaluation
  • Collateral Damages of Iraq’s Currency Devaluation – Pasewan
  • Iraq’s 2021 Elections: voter disengagement imperil democracy?

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Pasewan is an independent, non-partisan and non-profit organization, founded in 2020 to address important societal issues and to create positive change in the Kurdistan Region of Iraq. This will be achieved by providing quality research, data, and insights to policy and decision makers in government, empowering them to take action and address important issues that impact the Kurdistan Region and Iraq.

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