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August 27, 2003

A round up of analytical articles from MEES-updated

Given several people have said they found my round ups useful, I share with you a series of analytical articles from the highly respected Middle East Economic Survey. I am not in entire agreement with them, but for those of you interested in the key issue of getting the Iraqi economy back on its feet - in my opinion the sole solution to the free fall most Iraqis are experience and thus the sole solution to opposition, these will be interesting.

Iraq: Oil For Reconstruction After Oil For Food
Middle East Economic Survey - 25/08/2003
http://www.menafn.com/qn_news_story_s.asp?StoryId=27144

Very good overview by advisor to Qatari hydrocarb minister. While I might quibble, I think the points are effectively made and largely quite correct. Note the figures and note his critiques of the data we have often seen in the general press.

Oil Investment Without Budget Strain: Is The Energy Map Next On The Neo-Conservative Cartography Agenda?
Middle East Economic Survey - 18/08/2003
http://www.menafn.com/qn_news_story_s.asp?StoryId=26596#top

Article by Edward Morse, a leading commentator on oil issues. He is here quite critical of the Neo Con thinking on the oil markets and their conceptual framework. I largely agree with the overall thrust.

Political Stability And Iraq's Privatization Strategy
Middle East Economic Survey - 18/08/2003
http://www.menafn.com/qn_news_story_s.asp?StoryId=26593#top

Written by an Iraqi economist, I do not necessarily like this article, but I share it for its perspective.

Oil Investment Without Budget Strain: The Iraqi Case
Middle East Economic Survey - 11/08/2003
http://www.menafn.com/qn_news_story_s.asp?StoryId=26014#top

An Iraqi analysis of how to put the oil sector back together again. It differs slightly from our Qatari analysis, however again this is important for its information (note again the expenses and amounts of investment needed) as well as perspective.

Further, an older item but one that I believe (a) has not been well reported and (b) I myself missed
Disenchantment With US Iraq Policy
Middle East Economic Survey - 28/07/2003
http://www.menafn.com/qn_news_story_s.asp?StoryId=24863

The writer, whose letter was originally published in the Toronto Globe and Mail on 18 July per the article, Isam al-Khafaji was a professor of political economy at the University of Amsterdam explains why he resigned from the US est. Iraqi Reconstruction and Development Council in Baghdad. Again, the main themes are American arrogance combined with incompetence. This should be more widely publicized as I do believe it is not an anti-American screed but a real indictment of the Bush Administration's bankrupt efforts to date.

Not an analysis, but some information that I believe did not get widely disseminated
Oil Sector Looting Costing $95mn/Week, Says USACE-Iraq
Middle East Economic Survey - 04/08/2003
http://www.menafn.com/qn_news_story_s.asp?StoryId=25450

Posted by The Lounsbury at August 27, 2003 01:05 PM
Filed Under: Jan-Dec 2003

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