Resilience and Reconstruction: Unraveling the Economic Trajectory of Iraq Post-2003

Abstract

This study seeks to explain Iraq's economic trajectory after 2003, focusing on its potential to recover and reconstruct. The challenge is understanding how Iraq's political and historical conditions after the 2003 US invasion have affected its economy. The report examines post-conflict reconstruction in Iraq and its economy. This study examined economic figures, government legislation, and scholarly works. We analyse economic statistics and current trends in Iraq to assess its economic recovery. The analysis found that Iraq's economy has been erratic since 2003. Oil production, infrastructure construction, and foreign investment have survived the conflict. Rehabilitation efforts were crucial to economic recovery. The findings prompted several recommendations. To maintain effective economic management, ongoing investment in physical infrastructure, diversification away from oil, promoting a business-friendly climate, and fortifying existing institutions are needed. This analysis illuminates Iraq's economic trajectory after 2003, showcasing its resilience and recovery efforts. Policymakers and anyone interested in Iraq's economic development and stability may benefit from the results and recommendations.