Conscious / privatization and its impact on the Iraqi reality / studies / Part III
Conscious / Mrkazhoa of studies and research / edited by: Sadeq behind to feed
2010/4/19 2:33pm 2010/4/19 2:33 pm
Section II
Privatisation Commission
We will dedicate This topic to study the privatization agency And we will divide this topic to the demands
The first demand: the formation of a privatization
The second requirement concerns the formation of a privatization
The first demand
Formation of a privatization
Perhaps the most prominent features of the Iraqi economy is to control the total State economic sectors, financial and economic paralysis has gripped the country and a comprehensive embargo and the freezing of foreign funds
Bringing the country's debt to the imaginary figures and hit the country paralyzed economic and comprehensive embargo and the freezing of funds of State and Shell campaign of local industries and after the fall of the year (2003) m pervaded Iraq the worst wave of looting and sabotage of public institutions, industrial, economic and financial. The deteriorating security situation, instability and chaos and conditionality of Fund cod international shift in the totalitarian regime to a market system (market mechanism) contrast The Paris Club required to reduce the debt of Iraq is similar to 80% on three stages, called (conditionality IMF), which includes measures of economic and financial reform, including privatization policy and thus came the formation of this body to implement the economic reform program under the National Development Strategy which is a national commitment and rebuild the economic sectors on the one hand and an international commitment Return Write off the bulk of Iraq's debt and provide financial and technical assistance to him from the other side. Has put the task of this body is to develop a strategy for national development and during the transition of the economic system's dictatorship to the adoption of market mechanisms, privatization and strengthening the role of the private sector, eight of this body approved the use Experts from the Central Bank and the International Development Association and the privatization of Jordan and look at the experiences of other countries of this area as well as study the Iraqi experience during the eighties and seventies of last century . .
This set the goals:.
1- raise the economic efficiency of the business of economic government. And to increase productivity and enhance their competitiveness.
2- achieving the financial burden on the public treasury of the state budget to provide the members and the support of the facility owned.
3- to stimulate private sector savings and directing them towards investment.
4- Expand public participation in economic ownership B_ea public participation in owning shares established niche.
5- Encouraging foreign investment Creation of appropriate economic environment to attract capital deal
6- Technological encourage the flow of administrative and technical modern
7 - to expand and develop the capital market.
Has also prepared a document strategy for national development for the years (2005-2007) in which he said that the strategy of economic development, social and political on Sunday, run and written prices and trade, quantitative restrictions and the expansion of its production in quantity and quality on market mechanisms and price and trade liberalization of quantitative restrictions, quality, and privatization is the priority The achievement of the document and means of privatization: the adoption of an economic approach is to strengthen the role of the private sector in economic activity to include the possession of this sector of the enterprise state-owned to raise the economic efficiency For the facility. And to stimulate private sector savings and directing them towards investment and the flow of technical administrative and modern art of the country and expand and develop the capital market.
The second requirement
Considerations, the formation of a privatization
Described the state action to activate the civilian side of privatization in Iraq, where the Cabinet composition of privatization as a step advanced towards activating procedure privatization of the sector and become the new format under the chairmanship of Prime Wazzraaazavip the ministers of planning and development cooperation, industry, finance, trade, given this body with extensive powers where he drafted a bill of new investment in Iraq and an action plan clear and deliberate of economic reform and privatization of state enterprises in all sectors. due to the composition of the privatization in July 2004 and a task of this body Through the transition from a totalitarian planned to adopt market mechanisms, privatization, and members of the greater role for the private sector for use of goods and international institutions, financial and hear the experiences of countries and try to take advantage of these experiences, especially if they have economies similar to the Iraqi economy.
Privatisation Commission has been given some considerations or public policies
1- Must be in the form of privatization They are made up of public policies concerning public projects that take into consideration that there are five million Iraqis Above the poverty line and unemployment is up to (38-42%) according to estimates by the Ministry of Planning and Development Cooperation and the inflation rate up to 70% Iraq needs a political and security stability in addition to the huge funds so it is imperative for Iraq to pursue industrial policy and economic Contribute to the State in a serious and impressive expansion In the production and expand and develop the oil sector and take advantage of resources in the economic integration of external and internal.
2- The shift towards privatization of the public sector is not only preposterous but it requires a rational action in the interest of society and the state is recognized in accordance with a clearly defined time frame and the vision that takes into account the
A - maintain the standard of living of individuals and work to improve
B - to maintain national capabilities and wealth of the country, Arlington and not draining the existence of a right of future generations of this wealth
C - to reduce the administrative channels of corruption and the reduction of a partner have raised the terrorism stop two are Ihaullac Ttoralbld
D - concern for the infrastructure and interest in health and education
To undermine the hope for prosperity and stability in developing countries, including Iraq, because of damage to the global economy because the political and administrative corruption leads to depriving millions of health services, education and the possibility of Sustainable Development
3- Laws And regulations should be initiated earlier work scrutinized and the formation of a specialized committee
Economists and legal experts and university professors and academics specializing in business and who has experience in the economy.'s Function is to work on the mechanism of transition towards a market economy, especially the philosophy of present-day states Mahma orientation in addition to the provisions of the Constitution
4- Exemption of the private sector from taxes and fees for a period set by the State to promote. This sector, including suit With the global development because there is two million unemployed When support for the sector will contribute in reducing unemployment and provides a wage adequate for many young people unemployed. Then there are the names of the luminaries to name the industrial and commercial must be provided the respect and appreciation for dealing with this segment of the noble people of Iraq .
5- Important Elimination Administrative corruption, which is the most important element and the largest private sector through bribery and there are three types:.
A - Government corruption (administrative)
B - Corruption commercial business operations and financial help to the Weakness of the government
T - Political corruption: the type of corruption to achieve political gains.
Conclusion
That the issue of privatization is very important and I raised In achieving the required development, especially developing countries which suffer from the general imbalance in the structure of the economy and rising Madewenp foreign and non-economic efficiency and productivity of public projects so will exempt a greater role for Parwaat private and attract local and foreign investments to stimulate and develop the financial markets. It is noticeable that the policy Privatization has been applied In a large number From developed countries and developing international experience has shown many different ways of privatization and each method advantages and disadvantages are summarized the nature of the country's economy, which applies economic reform program Privatization And the nature and the reality of economic and social problems and the echo of the development of the private sector and then the financial markets and the evolution of the banking system, government, civic, and objectives of the privatization policy and the size of Kamal activity of public enterprises and financial condition. And how Ttoula legal framework and the financial markets and the characteristics of buyers and investors. I usually choose the more a country The way for privatization . . In the public interest in reducing material matters to be borne by the State. Therefore, we believe that the appropriate way at a particular time may not be the peaceful way in place and another time by social and economic conditions.
We had dealt with the concept of privatization and the types and methods and the advantages and disadvantages of privatization and we took samples from developing countries such as Egypt, Malaysia, and then compare the experience of Iraq.
Based on the above will prove the most prominent of the recommendations we have reached is as follows
1- Work on policy and legislation and laws regulating the economy and society so as to ensure the rights of all groups in society (producer and consumer) and that fighting the financial and administrative corruption, bribery and nepotism.
2- Before you start privatizing the public sector the State to implement the economic reform process and financial, administrative, and create a climate of economic, legal and expand the base of the social protection network to include the poor and bad and disadvantaged groups.
3- The implementation of the privatization policy need to be patient because the right is that every developing country to take advice from financial institutions Commensurate with the Trovha and enable them to achieve growth and development away About the problems that they can have those tips which are not representative of the situation magic to solve economic problems
4- Must At the current stage of a two-state and the market economy because the country is going through Complex stage Reflect the structural imbalances in the overall structure of the economy is better in this Phase to build the government's policy, which means satisfying the basic needs of citizens, whether through the sharing of part of the oil imports With the masses or Alastmthar expanded the network of social protection
5- Expand and develop the private sector through the development of the private sector of the Ministry of Commerce and do teaching courses for businessmen. In order to promote economic realities of the country.
6- In the case of layoffs and everywhere else and the General Establishment For the state to find individuals lending facilities expected exit from the establishment of the Ad Hoc where it is stated that the government was giving loans to owners of small industries and the expansion of the sector to take a real role in the production of goods and services
7- Although the general trend of privatization in the general economy For Aldop to maintain its official control of the business strategy, which has an important role in the lives and wealth of society and the need for capital to develop the oil facility and speed and the development of the oil sector.
8- The rush of privatization without considering their economic and social In a country suffering from the crises and problems need to be partial privatization is not the college and this acts to banks and oil sector.
9- Benefit from the experiences of developing countries In their economic programs, especially in Egypt and Malaysia and that is the process of privatization in the form of stages, as happened in these countries.
10- The sudden shift in the Iraqi economy creates problems and crises with adverse effects and due to the weakness of the private sector as he was ineligible to take the initiative to control the public institutions to poor material and technical.
11- The values of freedom and human rights and democracy in order to respect the dignity of people and enable them to participate In shaping their future In the process of decision-making in their country enough to see the citizens that this country consider him a citizen of the State with appreciation and respect and consideration and share in the process of making the appropriate decision that achieves prosperity and stability of the individual and society.
Conscious / Mrkazhoa of studies and research / edited by: Sadeq behind to feed
2010/4/19 2:33pm 2010/4/19 2:33 pm
Section II
Privatisation Commission
We will dedicate This topic to study the privatization agency And we will divide this topic to the demands
The first demand: the formation of a privatization
The second requirement concerns the formation of a privatization
The first demand
Formation of a privatization
Perhaps the most prominent features of the Iraqi economy is to control the total State economic sectors, financial and economic paralysis has gripped the country and a comprehensive embargo and the freezing of foreign funds
Bringing the country's debt to the imaginary figures and hit the country paralyzed economic and comprehensive embargo and the freezing of funds of State and Shell campaign of local industries and after the fall of the year (2003) m pervaded Iraq the worst wave of looting and sabotage of public institutions, industrial, economic and financial. The deteriorating security situation, instability and chaos and conditionality of Fund cod international shift in the totalitarian regime to a market system (market mechanism) contrast The Paris Club required to reduce the debt of Iraq is similar to 80% on three stages, called (conditionality IMF), which includes measures of economic and financial reform, including privatization policy and thus came the formation of this body to implement the economic reform program under the National Development Strategy which is a national commitment and rebuild the economic sectors on the one hand and an international commitment Return Write off the bulk of Iraq's debt and provide financial and technical assistance to him from the other side. Has put the task of this body is to develop a strategy for national development and during the transition of the economic system's dictatorship to the adoption of market mechanisms, privatization and strengthening the role of the private sector, eight of this body approved the use Experts from the Central Bank and the International Development Association and the privatization of Jordan and look at the experiences of other countries of this area as well as study the Iraqi experience during the eighties and seventies of last century . .
This set the goals:.
1- raise the economic efficiency of the business of economic government. And to increase productivity and enhance their competitiveness.
2- achieving the financial burden on the public treasury of the state budget to provide the members and the support of the facility owned.
3- to stimulate private sector savings and directing them towards investment.
4- Expand public participation in economic ownership B_ea public participation in owning shares established niche.
5- Encouraging foreign investment Creation of appropriate economic environment to attract capital deal
6- Technological encourage the flow of administrative and technical modern
7 - to expand and develop the capital market.
Has also prepared a document strategy for national development for the years (2005-2007) in which he said that the strategy of economic development, social and political on Sunday, run and written prices and trade, quantitative restrictions and the expansion of its production in quantity and quality on market mechanisms and price and trade liberalization of quantitative restrictions, quality, and privatization is the priority The achievement of the document and means of privatization: the adoption of an economic approach is to strengthen the role of the private sector in economic activity to include the possession of this sector of the enterprise state-owned to raise the economic efficiency For the facility. And to stimulate private sector savings and directing them towards investment and the flow of technical administrative and modern art of the country and expand and develop the capital market.
The second requirement
Considerations, the formation of a privatization
Described the state action to activate the civilian side of privatization in Iraq, where the Cabinet composition of privatization as a step advanced towards activating procedure privatization of the sector and become the new format under the chairmanship of Prime Wazzraaazavip the ministers of planning and development cooperation, industry, finance, trade, given this body with extensive powers where he drafted a bill of new investment in Iraq and an action plan clear and deliberate of economic reform and privatization of state enterprises in all sectors. due to the composition of the privatization in July 2004 and a task of this body Through the transition from a totalitarian planned to adopt market mechanisms, privatization, and members of the greater role for the private sector for use of goods and international institutions, financial and hear the experiences of countries and try to take advantage of these experiences, especially if they have economies similar to the Iraqi economy.
Privatisation Commission has been given some considerations or public policies
1- Must be in the form of privatization They are made up of public policies concerning public projects that take into consideration that there are five million Iraqis Above the poverty line and unemployment is up to (38-42%) according to estimates by the Ministry of Planning and Development Cooperation and the inflation rate up to 70% Iraq needs a political and security stability in addition to the huge funds so it is imperative for Iraq to pursue industrial policy and economic Contribute to the State in a serious and impressive expansion In the production and expand and develop the oil sector and take advantage of resources in the economic integration of external and internal.
2- The shift towards privatization of the public sector is not only preposterous but it requires a rational action in the interest of society and the state is recognized in accordance with a clearly defined time frame and the vision that takes into account the
A - maintain the standard of living of individuals and work to improve
B - to maintain national capabilities and wealth of the country, Arlington and not draining the existence of a right of future generations of this wealth
C - to reduce the administrative channels of corruption and the reduction of a partner have raised the terrorism stop two are Ihaullac Ttoralbld
D - concern for the infrastructure and interest in health and education
To undermine the hope for prosperity and stability in developing countries, including Iraq, because of damage to the global economy because the political and administrative corruption leads to depriving millions of health services, education and the possibility of Sustainable Development
3- Laws And regulations should be initiated earlier work scrutinized and the formation of a specialized committee
Economists and legal experts and university professors and academics specializing in business and who has experience in the economy.'s Function is to work on the mechanism of transition towards a market economy, especially the philosophy of present-day states Mahma orientation in addition to the provisions of the Constitution
4- Exemption of the private sector from taxes and fees for a period set by the State to promote. This sector, including suit With the global development because there is two million unemployed When support for the sector will contribute in reducing unemployment and provides a wage adequate for many young people unemployed. Then there are the names of the luminaries to name the industrial and commercial must be provided the respect and appreciation for dealing with this segment of the noble people of Iraq .
5- Important Elimination Administrative corruption, which is the most important element and the largest private sector through bribery and there are three types:.
A - Government corruption (administrative)
B - Corruption commercial business operations and financial help to the Weakness of the government
T - Political corruption: the type of corruption to achieve political gains.
Conclusion
That the issue of privatization is very important and I raised In achieving the required development, especially developing countries which suffer from the general imbalance in the structure of the economy and rising Madewenp foreign and non-economic efficiency and productivity of public projects so will exempt a greater role for Parwaat private and attract local and foreign investments to stimulate and develop the financial markets. It is noticeable that the policy Privatization has been applied In a large number From developed countries and developing international experience has shown many different ways of privatization and each method advantages and disadvantages are summarized the nature of the country's economy, which applies economic reform program Privatization And the nature and the reality of economic and social problems and the echo of the development of the private sector and then the financial markets and the evolution of the banking system, government, civic, and objectives of the privatization policy and the size of Kamal activity of public enterprises and financial condition. And how Ttoula legal framework and the financial markets and the characteristics of buyers and investors. I usually choose the more a country The way for privatization . . In the public interest in reducing material matters to be borne by the State. Therefore, we believe that the appropriate way at a particular time may not be the peaceful way in place and another time by social and economic conditions.
We had dealt with the concept of privatization and the types and methods and the advantages and disadvantages of privatization and we took samples from developing countries such as Egypt, Malaysia, and then compare the experience of Iraq.
Based on the above will prove the most prominent of the recommendations we have reached is as follows
1- Work on policy and legislation and laws regulating the economy and society so as to ensure the rights of all groups in society (producer and consumer) and that fighting the financial and administrative corruption, bribery and nepotism.
2- Before you start privatizing the public sector the State to implement the economic reform process and financial, administrative, and create a climate of economic, legal and expand the base of the social protection network to include the poor and bad and disadvantaged groups.
3- The implementation of the privatization policy need to be patient because the right is that every developing country to take advice from financial institutions Commensurate with the Trovha and enable them to achieve growth and development away About the problems that they can have those tips which are not representative of the situation magic to solve economic problems
4- Must At the current stage of a two-state and the market economy because the country is going through Complex stage Reflect the structural imbalances in the overall structure of the economy is better in this Phase to build the government's policy, which means satisfying the basic needs of citizens, whether through the sharing of part of the oil imports With the masses or Alastmthar expanded the network of social protection
5- Expand and develop the private sector through the development of the private sector of the Ministry of Commerce and do teaching courses for businessmen. In order to promote economic realities of the country.
6- In the case of layoffs and everywhere else and the General Establishment For the state to find individuals lending facilities expected exit from the establishment of the Ad Hoc where it is stated that the government was giving loans to owners of small industries and the expansion of the sector to take a real role in the production of goods and services
7- Although the general trend of privatization in the general economy For Aldop to maintain its official control of the business strategy, which has an important role in the lives and wealth of society and the need for capital to develop the oil facility and speed and the development of the oil sector.
8- The rush of privatization without considering their economic and social In a country suffering from the crises and problems need to be partial privatization is not the college and this acts to banks and oil sector.
9- Benefit from the experiences of developing countries In their economic programs, especially in Egypt and Malaysia and that is the process of privatization in the form of stages, as happened in these countries.
10- The sudden shift in the Iraqi economy creates problems and crises with adverse effects and due to the weakness of the private sector as he was ineligible to take the initiative to control the public institutions to poor material and technical.
11- The values of freedom and human rights and democracy in order to respect the dignity of people and enable them to participate In shaping their future In the process of decision-making in their country enough to see the citizens that this country consider him a citizen of the State with appreciation and respect and consideration and share in the process of making the appropriate decision that achieves prosperity and stability of the individual and society.