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Elections under the microscope of economists

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Elections under the microscope of economists

Sunday 10 October 2021 221
Baghdad: Hussain Thagheb...Photograph by Nihad Al-Azzawi

A new journey for the Iraqi parliament will start during the next period, full of tasks that cannot be described as difficult, because there are ingredients for success in its economic aspects, and the responsibilities before the new members were not heavy when there is seriousness in improving performance and improving the economy, as the opinions of a group of the most prominent economists went Those polled by "Al-Sabah" in this direction.

The economic expert, Basem Jamil Antoine, said: “Iraq will have a new parliament with new tasks, and here the next parliament must give the economic file the utmost importance in addition to the political file, especially as the citizen goes to the elections in the hope of raising the standard of living through improving salaries, retirement and social security.” Pointing out "the importance of not confusing by Parliament between services and economic achievement."

real software

He added, "This parliament must adopt strategies that raise the level of investment in Iraq's wealth, address the previous failure in the decline of infrastructure, work seriously to reduce unemployment and poverty rates, and prepare real programs that advance industry, agriculture and tourism, and move away from oil rents."

He stressed "the need for every candidate to have an economic program and be an active voice to serve the national economy, and the elections must generate a healthy and complete child who serves the country, addresses problems and curbs corruption."

overall development

A consultant in industrial development and investment Amer Al-Jawahiri said: “The future of Iraq depends on the unity of the situation for all to achieve the strength of its economy, diversity and prosperity, and to ensure comprehensive and sustainable development in all economic sectors and development at the highest levels of services and infrastructure to improve people’s lives and the business environment in all governorates.”

He added that "what the Iraqi society awaits is a change for the better in the educational and health aspects, comprehensive economic development in accordance with Iraq's Vision 2030, the elimination of corruption and red tape and the achievement of the rule of law, which would launch construction campaigns and implement major projects towards diversifying the economy, empowering the private sector and attracting investments."

He pointed out that “the goal of the upcoming parliamentary session is to take into account the race against time to improve Iraq’s competitiveness in all fields and to guarantee its water, border and security rights with all neighboring countries, and to immediately initiate the formation of its parliamentary committees without delay and prepare to open the files of bills submitted to the Council that It is reconsidered according to a flexible mechanism and with limited timings with all stakeholders, to include private sector institutions, civil society organizations and academics by taking advantage of the time before the formation of the new government, in case it is delayed, and then with representatives of the ministries after its formation.”

Program balancing

He stressed, “the importance of putting pressure on the caretaker government to continue tirelessly to implement the tasks it pledged at the highest levels, and for the House of Representatives to decide not to delay the preparation of the planning budget for 2022, but rather requires prompt treatment for its preparation, taking into account the active participation of specialists from outside the government institution and changing its methodology.” To include pairing with budget programs, and putting pressure on the government in charge to expedite the preparation of the new government program, bearing in mind that Iraq does not waste time and effort, but rather that it seeks to direct projects, works and major decisions where the parliament is needed to support its implementation.

He said: “We expect the House of Representatives not to be involved in the technical and executive details of government projects and decisions, but rather to monitor and follow up the level, proportion, quality and timing of implementation, and to achieve benefit from them for society, the economy and the sovereignty of the country. government and civil society.

master plans

Al-Jawahiri continued, “As long as the government program, after its approval by the House of Representatives, becomes a state project, everyone must work to provide all standard conditions for its successful implementation and to act in a supportive manner, and quarterly or semi-annual follow-up to monitor the achieved projects, works and master plans that are quantifiable and clear from the government program.

It is also possible to create competition between parliamentary committees and in parallel between ministries regarding the level and rate of development through the conviction of the beneficiaries, namely the country’s economy, society, work ethics, the actual sectoral growth rate on the ground, and Iraq’s competitiveness at all levels, a challenge that must be a top priority for the new parliament.“.

Citizens' lives

Academic Dr. Sattar al-Bayati said: “In democratic countries, we note that one of the most important sections of the electoral programs for candidates for elections includes the economic aspect, especially what is directly related to the lives of citizens or voters such as issues of unemployment and improving the lives of the poor.

Therefore, in most cases, the victory of a candidate is linked to the extent of his interest in the economic aspect Through his quest to solve the outstanding problems of interest or prejudice to people's lives, and this issue must receive attention in the subsequent stage after winning the elections for three considerations, the first of which is the direct link to the economic aspect of people's lives and livelihoods.

The second is its importance for developing the country’s economy and achieving economic growth rates, and the third is to reduce the waste or depletion of resources.

economic policy

As for the researcher in financial and development affairs, Aqil Jabr Ali Al-Mohammadawi, he said: “The analysis of the impact of the economy on politics, that is, the factors of the economic situation on the results of the elections, shows on the basis of countries with deep-rooted democratic, social and cultural traditions, and that countries with economies in transition, such as Iraq, depend on the results of Elections also greatly affect the economic policy pursued by the authorities, although the influence of non-economic factors in it is much greater than in advanced democracies, especially in the first stage of reforms and development.

He pointed out that «the economic factors of the economic behavior on the electoral process are represented in the strength and willingness of the voters who bear the difficulties of modern life. It seems to us that the more people adapt to changing conditions, the better they are supported by the force that allows them to live the way they want.”

Economic theory

He said: “The degree of adaptation of voters can be related to the availability and structure of permanent income, and economic theory distinguishes between permanent and temporary income, and transitory randomness, in a number of classical models. Current consumption and accumulation when fixed income changes or accumulation only if the income is considered temporary.

And we suggest that the analysis be conducted on the detailed data in Iraq only, although the analysis between countries seems very interesting and useful, allowing one to assess the dynamics of interdependence between political and economic relations, depending on the hierarchy of authorities.

New Iraq

The economic affairs specialist, Muhammad Shaker, stressed that “the next parliament must set in mind the number of priorities that lead Iraq to economic safety, and we hope that the outcomes of the parliamentary elections will harmonize with the aspirations of the people and the economic elite that aspires to see a new Iraq.

A beehive so that he sees an integrated labor market that operates as a continuous machine in all sectors, and that reaching this level of work is not impossible, but rather within the country’s capabilities due to the presence of great wealth.”

Shaker indicated that “close files that should be opened in a country like Iraq, such as the file of poverty and the unemployed and other files that have negative effects on the family economy and the country’s economy, and that the problem of Iraq is not poverty in wealth but rather the lack of investment, and this requires an investment environment.”

An ideal that attracts big companies and brings great benefit to the country, and this should be the goal of the next parliament.”

And he indicated that "the transition to an active and permanent labor market can only be achieved by applying the vocabulary of good governance and by achieving human development, and that achieving this requires the partnership of the work of the institutions of religion, the state and civil society."

The economic activity

As for the economist, Haider Kazem al-Baghdadi, he stressed that “the democratic environment must be a key to economic activity and supportive of all development trends that a rich country like Iraq aspires to, which possesses human resources that are the richest in the Arab world and in advanced positions internationally, in addition to natural resources, and from here it can be We are proceeding in cooperation with the global effort to move the country to a new stage that serves the country and international partners.”

Legislative responsibility

He pointed out that “activating the laws to protect the producer and the consumer is an imperative at this important stage, for its role in moving the wheel of local production, and that whoever addresses the legislative responsibility must realize the importance of there being integration between the financial and production sectors, and that sober production programs lead to enhancing confidence.” Between the Iraqi banking system and the industrial sector looking for financing to develop its performance and the joints of its work.

He cautioned that “Iraq is on the verge of a broad stage of work that requires great integration between the productive and financing sectors, especially since the banking system has begun to realize the importance of developing the reality of payments, which necessitates communication with what the world is witnessing and adopting it locally to serve the national economy.”

He stressed the importance that «the next House of Representatives will be a real seeker to search for realistic solutions that help get out of the economic crises faced by the various countries of the world. At a high level of experts and specialists in this regard and from the public and private sectors is studying the possibility of starting the treatment phase from any sector that can achieve economic feasibility quickly to reduce the effects of challenges that may face the economy in the future.

country development

The founder of the Housing Fund d. Ikram Abdel Aziz said: “Democratic practices should open the door to the country’s development wide, and this must be understood by the upcoming parliament formation, and is working to adopt it seriously. Companies that follow the reality of performance in Iraq and are waiting for the right moment to enter the Iraqi field of work.”

development process

Abdul Aziz indicated that Iraq lives in a different situation from all countries of the world, and suffers from the presence of several challenges facing the development process, as we can contain these challenges, and we also have elements that help create successful relationships to overcome these challenges, in addition to the country's possession of human expertise to a large extent. From the scientific and field experience in various sectors, and here we need a real orientation by the public and private sectors to activate agricultural or industrial production or an actual investment of the bulk of natural resources.”

She added, "The reality of the situation requires that we have real orientations to activate the economy, and here we have to start real work, benefiting from similar global experiences toward activating the national economy, and to consider before any unplanned step what we need first and which major economic blocs we must cooperate with in order to draw Secondly, the development process, whose steps are determined by real economic committees.

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