Talk:Economy of Iraq

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Does G$ stand for gigadollars? yes If so, it would probably be clearer just to use billion dollars instead. If not, what is it?

I believe Saddam nationalized the oil industry some years back. Are the three companies mentioned the same companies that were sent packing back then. I remember before the war started that some oil execs were on TV and they mentioned the exact %s that each were going to get once Saddam was defeated. How did they now - long before their was a new Oil Ministry.


Why is it, that the article on Saddam Hussein mentions major improvement of the Iraqi economy during the beginning of Saddam's rule and that this article says almost nothing about the Iraqi economy before 1980? Is this to mislead those who read this article into believing that the Iraqi economy was in bad shape for Saddam's entire reign? I certainly hope not.80.114.26.224 08:29, 18 December 2006 (UTC)

Contents

[edit] Current Oil Production

Given the current Iraq war, it's hard to believe that noone has updated the oil production section.

In particular, I think the world would like to know: 1. How much oil production is currently going on in Iraq? 2. Who is getting the revenue? Is it the Iraqi Government? Private Companies? Is it religious factions - Shiites, Sunnis (sp?), etc. 3. Where is it shipping to? Is it all going to the U.S.? Does any go through Iran? 4. What major projects are planned? 5. What role is the U.S. and their allies playing in all of this? Does the Allied force see any revenues or discounts in the oil? —Preceding unsigned comment added by 70.70.121.234 (talk) 08:32, 5 January 2008 (UTC)

Also, perhaps it would be beneficial to discuss: 1. The historical production of oil - and partnering countries. 2. What percentage of the total economy/GDP is/was through oil production. —Preceding unsigned comment added by 70.70.121.234 (talk) 08:36, 5 January 2008 (UTC)


[edit] Sanctions were cause or effect?

Furthermore, these lines are incredibly misleading. On the one hand it says that Iraq's oil industry was in disrepair because of the Bathist regime, and on the other that the lifting of sanctions allowed reconstruction to begin. Shouldn't this article follow a NPOV and explain that the economy was in disrepair because of A) Iran-Iraq war B) U.N. Sanctions? >>>However, long-term neglect and mismanagement of the petroleum industry by the Baathist regimes left the industry’s infrastructure in poor condition. The lifting of sanctions in 2003 allowed repairs to begin<<< Jack Mc. --69.95.133.31 (talk) 19:40, 25 November 2007 (UTC)

Sanctions were the effect of Saddam's maverick industrial and foreign policies. Iraq's nominal GDP has been falling almost continuously from 1980.Anwar (talk) 15:48, 16 December 2007 (UTC)

[edit] Question

What was the GDP of each province of Iraq in 1980? thanks

[edit] Economic Sanctions of the 90's

Why is it that this section repeats itself twice. The words are slightly different but the content is almost exactly the same. This section needs to be cleaned up.64.42.213.174 (talk) 00:40, 8 January 2008 (UTC)