Commercial dumping in the Iraqi economy (causes and consequences)
DOI:
https://doi.org/10.56967/ejfb202212Keywords:
Commercial dumping, the unemployment, Iraqi economyAbstract
As a result of the transformation process that the Iraqi economy witnessed after 2003 towards the application of the market economy mechanism in line with the developments witnessed by the global economy in application of the policy of openness, which contributed to the emergence of the phenomenon of commercial dumping, which caused severe effects on the main sectors of the Iraqi economy (agricultural and industrial), which led to an increase Inflation and unemployment rates and the increase in the tendency to consume, which is reflected in the increase in the volume of Iraqi imports after 2003 in the absence of legislation and laws that protect national products and regulate import operations as a result of the apparent weakness in the control bodies and the absence of the development plan for finding solutions to reduce the effects of the phenomenon of trade dumping
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This is an Open Access article distributed under the terms of the creative commons attribution (CC BY) 4.0 international license which permits unrestricted use, distribution, and reproduction in any medium or format, and to alter, transform, or build upon the material, including for commercial use, providing the original author is credited.