Open AccessForeign Reserves of the Central Bank of Iraq and its Influence on Foreign Investment Flows (Applied Research in the Period 2004 - 2019)
Author(s) -
Ali H.N. Bni Lam,
Salim S. Hammood
Publication year - 2021
Publication title -
webology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.259
H-Index - 18
ISSN - 1735-188X
DOI - 10.14704/web/v18i2/web18386
Subject(s) - foreign exchange reserves , foreign direct investment , premise , central bank , investment (military) , foreign portfolio investment , business , work (physics) , economics , international economics , financial system , economy , monetary economics , finance , macroeconomics , exchange rate , return on investment , political science , open ended investment company , monetary policy , engineering , mechanical engineering , linguistics , philosophy , production (economics) , politics , law
The importance of research results from its analysis of a major economic variable, which is foreign investment in an unstable environment that has not been witnessed by any country in the world. And because the research is applied, it has used real data on the work of the Central Bank of Iraq. Therefore, the results they will obtain are concrete results, And the problem of research may therefore be summarized by the following question: Has the Central Bank of Iraq been able to contribute to attracting foreign investment via its foreign reserves?. To prove the main premise of the research, “there is a significant statistical relationship between the Central Bank of Iraq's foreign exchange reserves and foreign investment” the standard quantitative approach has been applied, and the research reached several conclusions, The relationship between the Iraqi Central Bank's foreign assets and foreign investment is positive, and this fits into the theoretical details of the research, which reflects the success of the goal of accumulating such reserves, especially since they increased in the period under discussion, It also reflects the success of the Central Bank of Iraq in managing these assets.