The Iraqi private sector continues to pursue steps towards building a modern market economy. Over recent decades, Iraq’s institutions supporting the economy became highly centralized as authoritarian rule sought to enhance state economic and political control. In Iraq today, government officials and the business community recognize the need to transform the economy into a modern, market-economy, capable of providing jobs and opportunity to all citizens. Achieving this goal, however, has proven to be a slow and arduous process.
Since 2003 CIPE has supported the Iraqi business community in its efforts to participate more effectively in the country’s economic transition. CIPE has partnered with business associations and civil society to develop provincial and regional business agendas and draft policy papers that increase the information available on issues inhibiting private sector growth.
To supplement the efforts of CIPE’s local partners, CIPE commissioned surveys to measure the views of Iraqi businesses, most of which are small sole-proprietorships, towards the prevailing economic conditions, factors affecting business growth, and a host of other key policy and economic issues.
In this week’s Economic Reform Feature Service Article, Program Officer Jenna Mace presents key results from CIPE’s most recent Iraqi Business Survey. The article includes a discussion of trends in the costs of corruption and opportunities for women, as well as the business community’s views of economic conditions.
John Zanikos is Assistant Program Officer for the Middle East & North Africa at CIPE.