Research Article

Analysis and Projections of Foreign Direct Investments in Iraq

Volume: 9 Number: 1 June 30, 2024
TR EN

Analysis and Projections of Foreign Direct Investments in Iraq

Abstract

The objective of the paper is to analyze Foreign Direct Investment (FDI) in Iraq, benchmarked to Saudi Arabia, with historical data and forecasts up to 2100. The findings reveal that FDI in Iraq had a negative and moderate correlation with GDP between 1970 and 2022 (-51%). FDI was not an engine of economic growth. The relationship between these two variables is predicted to reverse in the coming years and reach +86%. Thus, FDI will be a key driver of growth in the Iraqi economy. The story of Saudi Arabia is the opposite. FDI in Saudi Arabia had a positive and moderate correlation with GDP between 1970 and 2022 (+49%). Thus, FDI remained an engine of economic growth. The relationship between these two variables is expected to reverse in the coming years and reach -44%. Finally, the growing economy will be self-sufficient, being able to generate enough cash flows so that the economy no longer depends on FDI for growth.

Keywords

References

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Details

Primary Language

English

Subjects

Economic Integration

Journal Section

Research Article

Early Pub Date

June 22, 2024

Publication Date

June 30, 2024

Submission Date

April 16, 2024

Acceptance Date

May 31, 2024

Published in Issue

Year 2024 Volume: 9 Number: 1

APA
Alami, S. N., Rostan, P., & Rostan, A. (2024). Analysis and Projections of Foreign Direct Investments in Iraq. JOEEP: Journal of Emerging Economies and Policy, 9(1), 166-178. https://izlik.org/JA33ZJ97ZP
AMA
1.Alami SN, Rostan P, Rostan A. Analysis and Projections of Foreign Direct Investments in Iraq. JOEEP. 2024;9(1):166-178. https://izlik.org/JA33ZJ97ZP
Chicago
Alami, Sayed Niyam, Pierre Rostan, and Alexandra Rostan. 2024. “Analysis and Projections of Foreign Direct Investments in Iraq”. JOEEP: Journal of Emerging Economies and Policy 9 (1): 166-78. https://izlik.org/JA33ZJ97ZP.
EndNote
Alami SN, Rostan P, Rostan A (June 1, 2024) Analysis and Projections of Foreign Direct Investments in Iraq. JOEEP: Journal of Emerging Economies and Policy 9 1 166–178.
IEEE
[1]S. N. Alami, P. Rostan, and A. Rostan, “Analysis and Projections of Foreign Direct Investments in Iraq”, JOEEP, vol. 9, no. 1, pp. 166–178, June 2024, [Online]. Available: https://izlik.org/JA33ZJ97ZP
ISNAD
Alami, Sayed Niyam - Rostan, Pierre - Rostan, Alexandra. “Analysis and Projections of Foreign Direct Investments in Iraq”. JOEEP: Journal of Emerging Economies and Policy 9/1 (June 1, 2024): 166-178. https://izlik.org/JA33ZJ97ZP.
JAMA
1.Alami SN, Rostan P, Rostan A. Analysis and Projections of Foreign Direct Investments in Iraq. JOEEP. 2024;9:166–178.
MLA
Alami, Sayed Niyam, et al. “Analysis and Projections of Foreign Direct Investments in Iraq”. JOEEP: Journal of Emerging Economies and Policy, vol. 9, no. 1, June 2024, pp. 166-78, https://izlik.org/JA33ZJ97ZP.
Vancouver
1.Sayed Niyam Alami, Pierre Rostan, Alexandra Rostan. Analysis and Projections of Foreign Direct Investments in Iraq. JOEEP [Internet]. 2024 Jun. 1;9(1):166-78. Available from: https://izlik.org/JA33ZJ97ZP

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