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The Viability of Economic Shock Therapy in Iraq

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  • Robert Looney

Abstract

A free market program was imposed on Iraq far sooner than the nation was prepared to exploit it. This author discusses why it was imposed, and why it may have already failed.

Suggested Citation

  • Robert Looney, 2004. "The Viability of Economic Shock Therapy in Iraq," Challenge, Taylor & Francis Journals, vol. 47(5), pages 86-103.
    • Handle: RePEc:mes:challe:v:47:y:2004:i:5:p:86-103
    DOI: 10.1080/05775132.2004.11034261
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    Cited by:

    1. Hassan, Enas A. & Rankin, Michaela & Lu, Wei, 2014. "The Development of Accounting Regulation in Iraq and the IFRS Adoption Decision: An Institutional Perspective," The International Journal of Accounting, Elsevier, vol. 49(3), pages 371-390.
    2. Ichiro Iwasaki & Taku Suzuki, 2016. "Radicalism Versus Gradualism: An Analytical Survey Of The Transition Strategy Debate," Journal of Economic Surveys, Wiley Blackwell, vol. 30(4), pages 807-834, September.
    3. Joanna Tyrowicz & Lucas Velde & Jan Svejnar, 2017. "Effects Of Labor Reallocation On Productivity And Inequality—Insights From Studies On Transition," Journal of Economic Surveys, Wiley Blackwell, vol. 31(3), pages 712-732, July.
    4. Coyne, Christopher J. & Boettke, Peter J., 2009. "The problem of credible commitment in reconstruction," Journal of Institutional Economics, Cambridge University Press, vol. 5(1), pages 1-23, April.
    5. Jan Svejnar & Joanna Tyrowicz & Lucas van der Velde, 2015. "Productivity and Inequality Effects of Rapid Labor Reallocation – Insights from a Meta-Analysis of Studies on Transition," Working Papers 2015-11, Faculty of Economic Sciences, University of Warsaw.

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