As the people of the Kurdistan Region prepare to head to the polls on September 25, 2017, in a historical referendum on Kurdistan's independence, we compare the economies of Iraq with other nations and ask, “What economic structure would a sovereign Kurdistan take?"Read More
This is not a political opinion, but an economic point of view. Some people in the Kurdistan Region oppose the proposed referendum for independence just because it's adopted by a certain party, while others argue that this isn't the right time for a serious step like that as the Region is suffering from severe economic crisis.Read More
Kaufmann et al (1999) defined "governance as the traditions and institutions that determine how authority is exercised in a country." Based on available literature including thoughts of neo-institutional scholars including, Douglass North and MancurOlsan, a positive relationship between the quality of institutions, governance structures, and economic growth is found.Read More
Dr. Razzaq Othman Mustafa is the head of the Board of Industrial Zones in Ministry of Trade and Industry/ KRG and a University economic lecturer. He earned his M.Sc degree in Economics from Salahadin-Erbil University and received his PhD in Economics (Industrial Strategy) from EHESS-Paris/ France. Dr. Razzaq served as General Director of Planning & Follow up in Ministry of Trade and Industry/ KRG. His published works include The Principles of Microeconomics textbook (LFU Press) and The Industrial Economic Environment in Kurdistan Region. He has also edited a wide range of researches and reports and published articles on openness, industrial privatization, globalization, the industrial economy, and economic development.