The Impact of Optimal Investment in the Liquidation Sector on Economic Development in Iraq

Abstract

The study shows the effect of an optimal investment in the oil filter concerning the economic development in Iraq.

The research has found out some most important conclusions that include that one of the most important factors that affecting investment in the Iraqi filtering sector during the study period are the value of Iraq exports of crude oil, Iraq daily production of crude oil, and Iraq reserves of crude oil.

Also, the ratio of the monetary mass growth and domestic product growth are not proved the significance of its statistically significant impact on investment in the filter sector in Iraq during the period of the study. Moreover, the investments in the filter sector in Iraq are not proved the significance of its statistically significant impact on the GDP growth rate in that period.

The study has recommended the need for the Iraqi government to execute more effective policies in the field of benefiting from the filtering sector so that it can influence economic development, and increase government expenditure on the filtering sector. This contributes to rapid economic development also the increase of exporting rates as well ensuring the continuity of the achieved development rates. The need to take advantage of the high oil prices to bring about changes in the economic policy of the Iraqi government makes it more effective, which increases its impact on economic variables that help achieve real economic development for Iraqi society and help achieve goals Iraqi economic policy. The Iraqi government must provide the appropriate investment atmosphere for local and international companies adding to their investment in the sector of filter so that the government will be an effective partner in these investments and projects. These steps may achieve the optimal benefit from investing in the development of the filtering sector. Also, it makes it the locomotive of development through which achieving development in the rest of the various economic sectors in Iraq. All the tables are prepared by the researcher by the use of E. views program.