sczin11- As a Researcher, the most important thing to keep in mind, is you can learn SOMETHING from everyone, and any information that person has to provide. You MUST listen, digest, and then form your own opinions.... Additionally, you MUST know your sources; Where is the information coming from, and for what purpose is the information being used!.... That being said, we must also remember, at a trial, when an expert witness is called, that expert can make a case, USUALLY, for either side, however, he is being paid by either the prosecution, or the defendant...Thus his case must lean one way or the other....
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sczin11- LATE LAST NITE, FRIDAY JANUARY 23, 2015, KAPERONI BROUGHT INTO OUR CHAT ROOM, A Q&A BETWEEN HE HIMSELF, AND AN ECONOMIST.... IT IS AN AMAZING READ, SOME SOUNDING MORE POSITIVE THAN OTHERS....HE DESCRIBES WHO THIS ECONOMIST IS, AND SOME OF THE ACCOMPLISHMENTS BY THIS ECONOMIST....(I DO NOT KNOW, NOR HAVE EVER HEARD OF THIS PERSON, SO PLEASE, UNDERSTAND I AM NOT ENDORSING HIM, NOR NECESSARILY PUTTING CREDENCE ON ALL HE STATES...BUT I RESPECT ALL RESEARCHERS, AND IF THE TIME WAS TAKEN TO COME INTO OUR ROOM, OUR DINAR HOME, AND FOR OTHERS, OUR SAFE HAVEN IF YOU WILL, I MUST AT LEAST GIVE IT THE TIME OF DAY TO TRY AND GET SOMETHING POSITIVE OUT OF IT).....REMEMBER, WE DON'T ALWAYS HAVE TO LIKE ALL THE PEOPLE WE GET HELP FROM, THE KEY IS, THAT HELP IS PROVIDED TO US!... ( I WILL PLACE SOME OPINIONS THROUGHOUT THE Q&A IN BLUE, SO YOU CAN SEE ANOTHER PERSPECTIVE, FROM A MEANINGLESS PERSON, LIKE ME!...
REMEMBER, HE IS AN ECONOMIST, NO RELATIONSHIP WITH THE COUNCIL OF MINISTERS, HOUSE OF REPRESENTATIVES, OR THE CENTRAL BANK OF IRAQ.... IT IS HIS OPINION ONLY!
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magnetlady says(11:16 PM):
What you got for us tonight besides pizza
kaperoni says(11:17 PM):
Well I bring an interview over that I did with an Iraqi economist
kaperoni says(11:17 PM):
Very well know...he wrote the book on dinar and "delete 3 zeros" Dr. Bakri
kaperoni says(11:17 PM):
You want to see what he said?
kaperoni says(11:18 PM):
ok
kaperoni says(11:18 PM):
I wrote Dr. Bakri 10 questions...
kaperoni says(11:19 PM):
Here are the answers from from Prof D. Jawad albakri
kaperoni says(11:19 PM):
I hope i dont get cropped
kaperoni says(11:19 PM):
Q - As most are aware, Iraq has enormous economic potential. The tricky part is diversifying Iraq’s oil industry along with a market economy in many other areas such as tourism, manufacturing, agriculture, etc. creating a sustainable balance. What do you see as the biggest impediment slowing down this diversification and transition?
A - I think that the reasons more political than economic, concerning the nature of governments that ruled Iraq since the founding of the modern Iraqi state in the twenties of the last century even today, these governments have focused most of their attention internally in keeping security only and not the security of citizens (I mean all kinds of security, personal security, economic security … etc.) and external on wars. So the economic side remained neglected, leaning on the massive oil revenues, governments remained without thinking about the future.
In the current Iraqi constitution does not find a vision of the philosophy of the state - including, of course, the economic philosophy - as there is no philosophy of the state in the interim constitution during the former regime, political leaders able to form the authority to rule in the absence of state standards and thus could not provide a civilizational project is consistent with history of Iraq, this dilemma pulled on the economic philosophy of the Iraqi state, for example, we find that the gross domestic product of Iraq, , is almost entirely adopted (97%) on Iraq's oil exports, leaving all raw materials represented by the land of Mesopotamia neglected, and leaving the industrial, agricultural sectors, and this in turn led to the economic recession and stop movement Development.
sczin11- This is nothing new to us...We have heard this for a long time, and we have seen in recent months GREAT strides in the development of MANY other revenue producing industries, especially agriculture and natural gas...
Q - Besides the 2013-2017 Economic Development Plan, there seems to be a sense of urgency to make this transition sooner than later to absorb unemployment in Iraq. Currently, the Iraqi government hires many each year, but that cannot continue due budget allocation and financial resources. Do you feel that there is this sense of urgency and what can be done to help speed up this process to a market economy?
A - In Article 25 of the Iraqi Constitution, the Iraqi economy is a market economy, and all government policies are going in this direction, and going back a little bit, the economy and infrastructure working group of the Future of Iraq Project established by the US State Department in in November 2002, issued a set of actions and recommendations and decisions covering the economy, infrastructure, public health and humanitarian needs and anti-corruption measures, which included strategic aims and fast to build the private sector, through the privatization of state institutions "without economic feasibility study of it," and to achieve economic growth, during the "economic reforms" advocated by IMF.
Following with such ideas, and as speed is deliberate wisely, the policy by the Interim Transitional Authority made the fast economic transitions to converts Iraq economy, Which was centrally planned, to an market economy and plays the private sector key role in it, without taking into consideration the suffering of the Iraqi economy of fatal and heavy disease, difficult to resolve between day and night, and like what happened to the economy also took place reforms in legal frameworks, administrative, financial, and other, the plentiful, but they are not characterized by the existence of conditions and climates suitable for their application. These procedures and laws still carries the seed of its own paradoxical. even that applied on the ground, carrying with it the suffering of weak of reality and the application, because it is not fit with the Iraq conditions and its economy.
So, Iraq needs more time to get to a market economy which we dream.
sczin11- We know they are moving fast towards a full and complete MARKET ECONOMY, however, it is a process, and clearly the process has begun... He is not saying that one day we will wake up and POOF, Iraq will have transformed 180 degrees, and gone from one extreme to the other. Trading Internationally will begin, and a slow process will be under way...That is why it is a 4 year plan!
Q - There are many parts to the successful transition of a Market Economy including working with international organizations such as the World Bank, IMF, United Nations, WTO, etc. Many of these have criteria or their own requirements. What is your opinion on this process?
A - There is no doubt that the work of economic stabilization and structural adjustment for IMF and the World Bank have advantages and disadvantages programs, the former experiences of developing countries that have a long history of working with those institutions, the success of these experiments have proved but a temporary basis, and soon the economic situation is deteriorating due to the state as soon as the work ends with those experiences, and certainly that this perspective, I think, applies to Iraq, too.
sczin11- We know for a fact, reading actual documents and releases from the various agencies, that Iraq is on track, and doing all that needs to be done..