‘Surprise’ revamp for Iraq’s economy

Namely that the new ecomony will be drastically liberalized from its previous command economy system the Ba’athists installed over the past 20 years. Before the advent of the Ba’athist Party, Iraq was one of the most advanced nations in the Middle East, having the highest literacy rate and the most children attending schools. That has all sadly diminished under the Ba’athist regime.

A new democratic Iraq, with a free-market economy, with oil revenues pouring in. Wow.

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