Contribution of the Private Sector in Iraqi Economic Activity and Ways to Improve its Current Status

Abstract

The Iraqi economy suffers from deep structural imbalances in its structure. It is a unipolar monopolistic economy. Its huge financial revenues from exported crude oil have not succeeded in achieving a desired economic development, not through the planned economic system, which relied heavily on the public sector. And not through the pluralistic democratic system, which adopted in its economic philosophy the transition to a market economy based mainly on the activity of the private sector and expand its role and give it the leadership guaranteed constitutionally. Did not succeed most attempts to activate the role of the private sector in economic activity, but decreased its contribution and its role over time and In order to achieve the research objective in the light of the adopted hypothesis, the research was divided into three fields. In the first section, we try to present the contribution of the private sector to economic activity since the establishment of the modern Iraqi state until the 2003. The second section, deals with the situation of the private sector in the economic activity after 2003, and the third section, dealt with ways to improve the contribution of the private sector in economic activity.