Open AccessPolitical Stability and Security Status
Author(s) -
Ribaz Chato Biro
Publication year - 2019
Publication title -
ukh journal of social sciences
Language(s) - English
Resource type - Journals
ISSN - 2520-7806
DOI - 10.25079/ukhjss.v3n1y2019.pp11-13
Subject(s) - political instability , politics , economic stability , foreign direct investment , political stability , safer , development economics , business , political science , economic growth , international trade , economics , computer security , computer science , keynesian economics , law
Political stability and security have become important factors of sustainable economic progress for the developing countries, especially states with the experience of war and instability. Kurdistan Region of Iraq (KRI) as a semi-autonomous region tried to improve the level of political stability and security status, to gain more foreign direct investment (FDI) and economic growth. Consequently, KRI has become the safest region in Iraq and enjoyed political stability and safety. Therefore, during the last decade, KRI has occurred as a new destination of FDI in the Middle East and has received notable progress in most of the economic sectors. The aim of this study is to evaluate the role of political stability and security status on the FDI attractions and their consequences on economic development. However, it will investigate the factors that make the KRI safer than the rest of Iraq.