Liberal philosophy is the mother incubator of economics. According to its principles, the first foundations of economic analysis were laid with its famous features (freedom of human activity and competition), but there are no phenomena in this world, including individual intellectual movements, as an objective equation must achieve balance and stability, and regarding our topic was Socialist thought is that equivalent that, according to the combination of its philosophy and liberal philosophy, built modern and contemporary economic systems in most countries of the world, and at every stage the results of experiments were subject to review, so that imbalances were monitored and the treatments necessary to overcome them were identified until reform policies became the sustainable basis for managing economies and framing their movement, and this It is the case of the Iraqi economy, which our study comes to trace its development process according to liberal foundations and its repercussions on the general trend of its faltering growth, which we divided for the purposes of full familiarity with all its approaches into five axes: Temporary while the third axis dealt with development attempts according to modern liberal philosophy after 2003, while the fourth axis focused on the analytical readings of reform attempts during the period 2004-2020, and we concluded our study with conclusions and recommendations, the most important of which is that the Iraqi economy is characterized by fragility and the inability to apply and implement the policies of international organizations that are applicable when contracting and the absence of political and security stability, the spread of the phenomenon of financial and administrative corruption, which negatively affected the continuity of implementation of reform programs. The recommendations came to liberalize all aspects of the economy, diversify sources of income, address the rentier phenomenon in a serious and radical manner, and take steps to ensure by the government to eliminate financial and administrative corruption and implement the automation project (electronic collection) at border crossings and tax collection Taxes to prepare the ground for sustainable development.
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