Iraq was on the top of the countries in the region during the past years that have suffered from the economic and political crises, and the global problem was added to the basket of its crises which is the most widespread in the world .. It’s the scourge of terrorism, and we know the risk of this scourge afflicting all human societies, and of course the effects of terrorism is clearly reflected on the individuals and communities and are also cast its shadow on the destiny of peoples and economies to spread poverty, unemployment, famine, inflation and the collapse of infrastructure and obstruct the progress and development of societies.
Terrorism was not new to Iraq, but it was known by Iraq for over more than a decade, that the US occupation in Iraq has led to the collapse of the concept of the state in its general concept and the country has become between overnight an arena for settling calculations and spread the operations of looting of the resources of the country to be on the top of the roughest disasters of the twentieth century at least at the level of the region and possibly the world, and the country and its economy remained in a state of constant bleeding, particularly in the period of 2006-2014, which saw the biggest theft of the resources of the Iraqi people, but this time at the hands of government-backed externally from the enemies of Iraq, and this government produced the biggest terrorist, which occupied the second largest Iraq’s cities and accompanied by a collapse in world oil prices to record levels to reveal the looting and theft crimes practiced by al-Maliki government and their followers, that the Iraqi treasury has become empty and the Iraqi economy is on the verge of collapse to the point that the state failed to pay its employees, to turn then to the Monetary and donor organizations fund to be able to save the country’s economy from the real collapse.
As to how the impact of terrorism on the Iraqi economy, the numerous studies and articles have been published that revealed the magnitude of the disaster experienced by the ailing Iraqi economy, and we’ll show here such last reports published in this regard, a report issued by the Institute of “economics and peace” carried the title “the economic value of peace and was translated by the site ” CNBC “, the report stated that the world has lost $ 13.6 trillion , not on the development and implementation of projects and job creation, but also as a result of wars and conflicts experienced by many countries at the moment, especially in the Middle East.
According to the report , Iraq was ranked the second after Syria noting that the the economic downturn has risen caused by the war and instability, , and the military spending was increased to nearly half the size of the economies of some countries in the region (49.1%). While spending on domestic security level was between 14% and 23%. He pointed out that the war cost about $ 84 billion so far and Libya came in third place ..
The report pointed that the economic impact of violence was increased by 77 and 74 percent in Iraq and Libya, respectively, since 2007, noting that the economic impact of terrorism in Iraq rose by 185% between 2009 and 2015, due to the rise of the “Daesh,” and the war of the international coalition against it in Mosul.
The report adds that in spite of lower revenues due to falling oil prices, Iraq has increased military expenditures by 14% in 2015.
The reprt stated that the figures are estimated for the lack of accurate data, estimated that the impact of war and violence on the economies in Syria, Iraq, Libya and Egypt on the rise since 2007 and even 2015.
Iraq has been on the top of the list of the “most affected” states in the world of terrorism on the human and economic levels among the hardest hit states in terms of loss and terrorist incidents and the number of accidents, deaths and injuries and loss of property, especially after the emergence of state regulation “Daesh” which has been classified by the Institute reports that “the most bloody organization s ” among the other terrorist organizations.
Terrorism has cost , which cast a shadow over Iraq, a lot of its abilities both financial and human resources altogether , and brought the country to the brink of a real collapse at a given moment, and this case was accompanied by the rise of the military spending and estimates suggest that the impact of wars on the rise, however, the fact that the economic problem of Iraq is bigger than the issue of terrorism, there is a giant named “corruption” parallels to the terrorism Daesh and criminal gangs in all its forms that turned the country to the mafias and gangs to dominate the public money without the accountability or punishment, and without being for the Iraqi citizen a minimum of rights, who is today among the displaced people and immigrants, or detainees in his native country without a savior .
Rawabet Center for Research and Strategic Studies