scholarly journals The role of good governance in the promotion of investment frameworks in Iraq with a special reference to the Kurdistan Region of Iraq for the period (2006 - 2016)

2019 ◽  
Vol 5 (1) ◽  
pp. 79
Author(s):  
Arshad Mohammed Ahmed

 Good governance is one of the most important terms that various local and international organizations have started to call through their various reports. It is important to create an environment conducive to achieving economic growth rates by creating an appropriate investment climate. At the beginning of the 21st century, The markets began to open up and the opportunities became bigger and the responsibilities of governments towards their people and countries increased. This helped to develop and prosper. In contrast, many countries suffered and continue to suffer from poverty, hunger, scientific and economic backwardness, Its ability to adapt to the global system as well as the inability to move forward with the market economy, all of which led to the need to adopt the approach of good governance in the management of the various joints of the State as the best solution to the various political problems, administrative, economic and social, as a participatory system and transparent And this includes the choice of good governance and its role in strengthening the investment frameworks, which aims to identify the indicators of good governance and its role in attracting foreign investment to achieve the economic and social goals that Iraq seeks to achieve in general and reflect On the investment reality in the Kurdistan Region of Iraq in particular.

2014 ◽  
pp. 30-52 ◽  
Author(s):  
L. Grigoryev ◽  
E. Buryak ◽  
A. Golyashev

The Ukrainian socio-economic crisis has been developing for years and resulted in the open socio-political turmoil and armed conflict. The Ukrainian population didn’t meet objectives of the post-Soviet transformation, and people were disillusioned for years, losing trust in the state and the Future. The role of workers’ remittances in the Ukrainian economy is underestimated, since the personal consumption and stability depend strongly on them. Social inequality, oligarchic control of key national assets contributed to instability as well as regional disparity, aggravated by identity differences. Economic growth is slow due to a long-term underinvestment, and prospects of improvement are dependent on some difficult institutional reforms, macro stability, open external markets and the elites’ consensus. Recovering after socio-economic and political crisis will need not merely time, but also governance quality improvement, institutions reform, the investment climate revival - that can be attributed as the second transformation in Ukraine.


Author(s):  
M.D. Tokmazishvili

Resolution of ethno-political conflicts in the Caucasus by political means is in a “deadlock”, and peaceful economic projects in conflict zones face political obstacles. The economic isolation of states and the fragmentation of the regional market impede the development of countries, and the resolution of conflicts is hampered by opposing strategic political vectors of regional states, that negatively affect their economic growth. In this context, the article states that when political tools are not sufficient for integration, economic and social goals should be rationalized for the purpose of cohabitation and coexistence of people of different ethnic groups and cultures in the region. In the article, the author attempts to investigate the role of economic and social events as factors for mitigating ethnopolitical conflicts; determines how the economization of conflicts can affect the integration processes and strategies of Georgia in relation to the breakaway republics.


2019 ◽  
Vol 3 (1) ◽  
pp. 11-13
Author(s):  
Ribaz Chato Biro

Political stability and security have become important factors of sustainable economic progress for the developing countries, especially states with the experience of war and instability. Kurdistan Region of Iraq (KRI) as a semi-autonomous region tried to improve the level of political stability and security status, to gain more foreign direct investment (FDI) and economic growth. Consequently, KRI has become the safest region in Iraq and enjoyed political stability and safety. Therefore, during the last decade, KRI has occurred as a new destination of FDI in the Middle East and has received notable progress in most of the economic sectors. The aim of this study is to evaluate the role of political stability and security status on the FDI attractions and their consequences on economic development. However, it will investigate the factors that make the KRI safer than the rest of Iraq.


Author(s):  
Vladimir M. Kutovoi ◽  

The ongoing coronavirus pandemic has seriously affected the international investment policies of the G20 countries. There has been a growing trend to introduce measures with reference to the protection of national security aiming at countering threats that may be associated with foreign investment. Given the role of international investment in alleviating the economic crisis, governments should continue to improve the investment climate while protecting their national security interests.


Author(s):  
Nicolás M. Perrone

Foreign investment is associated with efficiency, economic growth, and jobs. Investors emphasize the benefits of potential projects, but also ask for regulatory givings to ensure economic returns and to minimize their exposure to host-country risks. At times, international organizations have likewise highlighted both the benefits of foreign investment and the importance of incentives to attract new projects. If states were to implement these business-friendly regulations, investors might then come in, but many would count on investment treaties and ISDS to interpret and enforce sectoral regulation, representations, or specific commitments. Disputes related to the 2001 Argentine crisis and the Spanish solar energy industry show that in such circumstances, when a controversy leads to ISDS cases, arbitrators often put foreign investment relations within a transactional model, making regulatory reforms more difficult if projects fail, local expectations are disappointed, or circumstances drastically change.


Author(s):  
Sorush Niknamian

This study reassesses the resource–economic growth nexus by incorporating several channels. Advanced panel time series techniques are used to analyse panel time series data from 1980 to 2015 in 31 oil-rich countries. Results show that oil rent augments economic growth; thus, oil rent is conducive rather than impediment for economic growth. The role of governance in economic growth is significant in the selected countries. Oil rent exerts a positive significant impact on economic growth in countries with good governance compare to countries with poor governance. Financial development is an unimportant channel in the resource–growth nexus because FD is often unable to mobilise oil rent from the government to the private sector in oil-rich countries. Globalisation is advantageous for countries and promote economic growth. Moreover, war exerts a significant negative effect on growth in the long term.


2019 ◽  
Vol 65 (3) ◽  
pp. 345-355
Author(s):  
Clare Fisher Williams

For the World Bank, the importance of the legal climate for attracting foreign investment is axiomatic and the legal and political aspects of an investment climate are measured in the World Bank’s ‘good governance’ programme. However, the assumptions underlying this rely on quantitative research setting out correlation and highlighting a narrow range of voices. An ESL-inspired approach to empirical work can question what investors want from a host state legal system while also addressing criticisms of existing literature. As a case study, Sri Lanka is set out as a country actively engaged in attracting foreign investment through the creation of an ideal investment climate. The discussion first describes the empirical by setting out the role of World Bank rationalities in shaping Sri Lanka’s investment climate. It then defines the analytical, locating ESL in the social sciences and outlining the debates surrounding the central concept of embeddedness. It goes on to design an alternative approach by combining elements of three frames, both addressing existing criticisms and avoiding embeddedness. This is then deployed and the applications and implications for framing relations of foreign investors in Sri Lanka are set out.


2021 ◽  
Vol 25 (1) ◽  
pp. 105-110
Author(s):  
S. Munka ◽  

Annotation. Introduction. The studying process of the investment attractiveness of the Ukrainian economy remains a priority for domestic economists, because the economic growth is impossible without the involvement in investment. In order to improve the investment attractiveness of the economy it would be desirable to determine the factors and relationships that improve the corresponding indicator. Purpose. The main purpose of the article is to analyze the impact of foreign trade on the investment attractiveness, develop projections for the investment climate in Ukraine. The definition of the role of the country’s stock index in investment attractiveness. Results. The study reveals the concept of the investment attractiveness. The influence of export goods on investment attractiveness was investigated. A number of key export goods for the domestic economy were identified. The projections of the investment attractiveness for future periods were developed due to the price of export goods in the world market. The role of the stock index in the country’s investment climate was determined. The projections of the stock index of Ukraine were developed. Recommendations for increasing the investment attractiveness of the national economy were given. Conclusions. Based on the research, we can draw conclusions about the strong positive correlation between the foreign trade and the investment attractiveness. Now, Ukrainian exports are commodity-focused and, as a result, the economy depends on the price of agricultural products and iron ores on the world market. The results of the study predict and an increase in the cost of food products in the world and, as a consequence, an increase in the investment attractiveness of the Ukrainian economy. Despite the positive projections for the growth of commodity prices, the export of goods with high added value goods will be more profitable option for the economy. Keywords: investment activity; investment climate; foreign trade; economic growth; export; projection; polynomial trend line; iron or; correlation-regression analysis; stock index.


2018 ◽  
Vol 6 (1) ◽  
Author(s):  
Gunjan Pandey

Persistent disparities in regional economic conditions in India continue to offer challenges to policy makers. In the era of globalization and privatization the process of regional growth has become much more complex owing to the expanding role of private investment, be it domestic or foreign. Their flows to the states are highly mobile towards the states with skilled labor force with a good ‘work culture’, good socio-economic infrastructure and good governance. Private investments have emerged as one of the major source among the various sources of resource transfers which have further led to widening of regional disparities. This article depicts the inter-state study of 14 states and the flow of foreign investment in bringing about disparities.


1978 ◽  
Vol 17 (3) ◽  
pp. 267-301 ◽  
Author(s):  
Naushin Mahmood

The role of education as a necessary means of meeting the shortages of trained personnel and manpower requirements as well as a factor in increasing productivity and economic growth rates, is of fundamental importance to the developing countries [14, p. 13], and has greatly reinforced the need for educational planning as an integral part of development plans [17, p. 612]. Education is recognized as a factor of prime importance in the Fifth Five-Year Development Plan of Pakistan. While high priority has been assigned to primary education and vocational and technical training, qualitative im¬provement has also been emphasized for the secondary and higher levels of education [8, p. 147]. Although proportion of literates has increased sub¬stantially during the past thirty years; Pakistan like other developing countries, still has predominantly illiterate population. In the present study an attempt has been made to assess the literacy status of the country quantitatively. The qualitative aspects which are equally important for educational development, shall be studied in a subsequent paper. With the aim to review the educational progress on the basis of the number of literate and illiterate persons, levels of education attained and the extent of participation of children in schools, the broad objectives of this study are as follows:


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