Economic Reform Of Iraq
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Economic Reform Of Iraq
Economic reform in Iraq describes decisions by the Coalition Provisional Authority to dramatically change the economy of Iraq in the aftermath of the 2003 U.S.-led invasion. Prior to US occupation, Iraq had a centrally planned economy. Among other things, it prohibited foreign ownership of Iraqi businesses, ran most large industries as state-owned enterprises, and imposed large tariffs to keep out foreign goods. After the 2003 Invasion of Iraq, the Coalition Provisional Authority quickly began issuing many binding orders privatizing Iraq's economy and opening it up to foreign investment. Economic reform was implemented alongside reform of government institutions, the Iraqi legal system, and significant international investment to repair or replace damaged infrastructure of Iraq. While reform efforts have produced some successes, problems have arisen with the implementation of internationally funded Iraq reconstruction efforts. These include inadequate security, pervasive corru ...
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Coalition Provisional Authority
) , capital = Baghdad , largest_city = capital , common_languages = ArabicKurdishEnglish (''de facto'') , government_type = Transitional government , legislature = Iraqi Governing Council , title_leader = Administrator , leader1 = Jay Garner , leader2 = Paul Bremer , year_leader1 = 2003 , year_leader2 = 2003–2004 , title_deputy = Deputy Administrator , deputy1= Richard Jones , year_deputy1 = 2003–2004 , era = Iraq War , event_pre = Saddam Hussein and Ba'ath Party deposed , date_pre = 21 April 2003 , event_start=CPA established , date_start=16 May , year_start = 2003 , event_end = Interim government , date_end = 28 June , year_end = 2004 , stat_year1 = , stat_area1 = , stat_pop1 = , currency = Iraqi dinar , today=Iraq The Coalition Provisional Authority (CPA; ar, سلطة الائتلاف المؤقتة, ku, هاوپەيمانى دەسەڵاتى كاتى) was a transitional government of Iraq established following the invasio ...
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Economic Repatriation
Repatriation is the process of returning a thing or a person to its country of origin or citizenship. The term may refer to non-human entities, such as converting a foreign currency into the currency of one's own country, as well as to the process of returning military personnel to their place of origin following a war. It also applies to diplomatic envoys, international officials as well as expatriates and migrants in time of international crisis. For refugees, asylum seekers and illegal migrants, repatriation can mean either voluntary return or deportation. Repatriation of humans Overview and clarification of terms Voluntary vs. forced return Voluntary return is the return of eligible persons, such as refugees, to their country of origin or citizenship on the basis of freely expressed willingness to such return. Voluntary return, unlike expulsion and deportation, which are actions of sovereign states, is defined as a personal right under specific conditions described in ...
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Dan Amstutz
Daniel Gordon Amstutz (November 8, 1932 – March 20, 2006) was an American government official and business executive who played a prominent role during negotiation of the Uruguay Round of General Agreement on Tariffs and Trade rules on agriculture, and in the U.S. occupation of Iraq. Early life and education Amstutz was born November 8, 1932, in Cleveland, Ohio. Amstutz was raised in Pennsylvania before the family relocated to Columbus, Ohio in 1946, where he graduated from Columbus North High School in 1950 and the Ohio State University in 1954. At Ohio State, Amstutz was president of the Student Senate and on the Student court, as well as being President of the Iota Chapter of the Chi Phi Fraternity. Career After graduating from Ohio State University in 1954, Amstutz joined Cargill, where he began in grain trading, eventually heading the wheat desk. He played a lead role in establishing Cargill Investor Services, of which he was president and CEO. He was persuaded to j ...
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George W
George Walker Bush (born July 6, 1946) is an American politician who served as the 43rd president of the United States from 2001 to 2009. A member of the Republican Party, Bush family, and son of the 41st president George H. W. Bush, he previously served as the 46th governor of Texas from 1995 to 2000. While in his twenties, Bush flew warplanes in the Texas Air National Guard. After graduating from Harvard Business School in 1975, he worked in the oil industry. In 1978, Bush unsuccessfully ran for the House of Representatives. He later co-owned the Texas Rangers of Major League Baseball before he was elected governor of Texas in 1994. As governor, Bush successfully sponsored legislation for tort reform, increased education funding, set higher standards for schools, and reformed the criminal justice system. He also helped make Texas the leading producer of wind powered electricity in the nation. In the 2000 presidential election, Bush defeated Democratic incum ...
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Hussain Al-Shahristani
Hussain Ibrahim Saleh al-Shahristani (born 1942) is an Iraqi politician who served in different cabinet posts, including as Iraq's Minister of Higher Education. Early life and education al-Shahristani was born in 1942 in Karbala, Iraq. He hails from the al-Shahristani family. In addition to his native Arabic he has strong command of English and Persian as second languages. Shahristani showed an exceptional aptitude for science in Secondary School, al-Shahristani received a BSc in Chemical Engineering from Imperial College London in 1965, and an MSc from the University of Toronto in 1967, from where he also received a PhD in Chemical Engineering in 1970. He specialised in the design and building of nuclear reactors. Part of his education was also in Russia. Career He was tipped to be the Iraqi Prime Minister during the 2004 discussions, a position which he refused to take it and stated "I have always concentrated on serving the people and providing them with their basic needs, ...
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Chevron Corporation
Chevron Corporation is an American multinational energy corporation. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil and natural gas industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation. Chevron traces its history back to the 1870s. The company grew quickly after the breakup of Standard Oil by acquiring companies and partnering with others, especially Texaco. Socal was one of the Seven Sisters that dominated the global petroleum industry from the mid-1940s to the 1970s. In 1985, Socal merged with the Pittsburgh-based Gulf Oil and rebranded as Chevron; the newly-merged company later merged with Texaco in 2001. Today, Chevron manufactures and sells fu ...
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Iraq Petroleum Company
The Iraq Petroleum Company (IPC), formerly known as the Turkish Petroleum Company (TPC), is an oil company that had a virtual monopoly on all oil exploration and production in Iraq between 1925 and 1961. It is jointly owned by some of the world's largest oil companies and headquartered in London, England, although today it is only a paper entity with historical rights and plays no part in the modern development of Middle Eastern oil. In June 1972, the Ba'athist government in Iraq nationalized the IPC and its operations were taken over by the Iraq National Oil Company. The company "Iraq Petroleum Company" still remains extant, however, only on paper and one associated company – the Abu Dhabi Petroleum Company (ADPC, formerly Petroleum Development (Trucial Coast) Ltd) – also continues with its original shareholding intact. The related Iraq Petroleum Group was an association of companies that played a major role in the discovery and development of oil resources in are ...
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TotalEnergies
TotalEnergies SE is a French Multinational corporation, multinational integrated energy and List of oil exploration and production companies, petroleum company founded in 1924 and one of the seven Big Oil, supermajor oil companies. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and international crude oil and product trading. TotalEnergies is also a large-scale Chemical industry, chemicals manufacturer. TotalEnergies has its head office in the Tour Total in La Défense district in Courbevoie, west of Paris. The company is a component of the Euro Stoxx 50 stock market index. In the 2020 Forbes Global 2000, it was ranked as the 29th-largest public company in the world, and additionally ranked as the 25th largest company of any type on the Fortune Global 500. History 1924–1985: Compagnie française des pétroles The company was founded after Wor ...
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Shell Plc
Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New York Stock Exchange. It is one of the oil and gas "supermajors" and by revenue and profits is consistently one of the largest companies in the world. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015. Shell was formed in 1907 through the merger of Royal Dutch Petroleum Company of the Netherlands and The "Shell" Transport and Trading Company of the United Kingdom. The combined company rapidly became the leading competitor of the American Standard Oil and by 1920 Shell was the largest producer of oil in the world. Shell first entered the chemicals industry in 1929. Shell was one of the " Seven Sisters" whic ...
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ExxonMobil
ExxonMobil Corporation (commonly shortened to Exxon) is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil, and was formed on November 30, 1999, by the merger of Exxon and Mobil, both of which are used as retail brands, alongside Esso, for fueling stations and downstream products today. The company is vertically integrated across the entire oil and gas industry, and within it is also a chemicals division which produces plastic, synthetic rubber, and other chemical products. ExxonMobil is incorporated in New Jersey. ExxonMobil's earliest corporate ancestor was Vacuum Oil Company, though Standard Oil is its largest ancestor prior to its breakup. The entity today known as ExxonMobil grew out of the Standard Oil Company of New Jersey (or Jersey Standard for short), the corporate entity which effectively controlled all of Standard Oil prior to its breakup. Jersey Standard grew a ...
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No-bid Contracts
Multisourcing is the concept of working with multiple suppliers who are also competitors. Large-scale buyers, such as the U.S. federal government, may want to feel assured that there is more than one supplier for an item. It has been described as the opposite of "one neck to wring". The opposite is called sole-source. Intel, a large corporation, was not "enough" for the x86, and so others such as Advanced Micro Devices and Cyrix were needed. Models There are two primary models for Multisourcing: Prime Contractor and Client models: Prime Contractor model A ''Prime Contractor'' may use ''subcontractors''. Either way, the client has "one neck to wring". Client model The client is the ''system integrator''. Multiple outside sources, each with their own "perceived core competencies", provide services. This does not preclude the outside suppliers from further subcontracting. Sole sourcing Although "no-bid contracts are illegal under European Union procurement law", "there are exc ...
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Iraqi Oil Ministry
The Ministry of Oil ( ar, وزارة النفط) is the Iraqi government agency responsible for Iraqi petroleum. The Minister of Oil since May 2020 is Ihsan Abdul Jabbar Ismail. Establishments * North Oil Company (NOC) * South Oil Company (SOC) * Petroleum Research & Development Center (PRDC) * Baiji Oil Training Institute (BAJOTI) * Basrah Oil Training Institute (BASOTI) * Kirkuk Oil Training Institute (KOTI) * Baghdad Oil Training Institute (BOTI) * Heavy Engineering Equipments Company (HEESCO) * South Refineries Company (SRC) * Midland Refineries Company (MRC) * North Refineries Company (NRC) * Gas Filling Company (GFC) * Midland Oil Company (MDOC) * South Gas Company (SGC) * North Gas Company (NGC) * Missan Oil Company (MOC) * Iraqi Drilling Company (IDC) * Oil Products Distribution Company (OPDC) * State Organization for Marketing of Oil (SOMO) * Oil Pipelines Company (OPC) * Iraqi Oil Tankers Company (IOTC) * Oil Exploration Company (OEC) * State Company ...
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