Commercial dumping in the Iraqi economy (causes and consequences)

Authors

  • Muntather M. Salih College of Administration and Economics, Al-Mustansiriyah University, Baghdad, Iraq
  • Abeer M. Jassim College of Administration and Economics, Al-Mustansiriyah University, Baghdad, Iraq

DOI:

https://doi.org/10.56967/ejfb202212

Keywords:

Commercial dumping, the unemployment, Iraqi economy

Abstract

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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Published

2022-01-06

How to Cite

Salih م., & Jassim ع. (2022). Commercial dumping in the Iraqi economy (causes and consequences). Entrepreneurship Journal for Finance and Business, 3(1), 32–41. https://doi.org/10.56967/ejfb202212

Issue

Section

Research articles