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Iraq: A new country in the making
Author(s) -
Akoum Ibrahim,
Zbib Imad,
Ahmed Zafar U.
Publication year - 2007
Publication title -
thunderbird international business review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.553
H-Index - 37
eISSN - 1520-6874
pISSN - 1096-4762
DOI - 10.1002/tie.20154
Subject(s) - multinational corporation , vitality , emerging markets , business , international business , investment (military) , foreign direct investment , international trade , economics , finance , political science , management , politics , philosophy , theology , law , macroeconomics
Iraq, a country endowed with enormous resources and the second‐largest oil reserves in the world, is anticipated to regain economic vitality. A new market‐oriented business environment is emerging with promising investment opportunities, as private enterprise is expected to be leading the economic recovery. Most business leaders in Iraq have a positive outlook on the future and welcome opening Iraq to the international business community. A new Iraq would offer enormous opportunities to multinational corporations. Though doing business in Iraq is currently fraught with risk, it should prove very profitable once the country gets hold of its security situation. © 2007 Wiley Periodicals, Inc.