Iraq Takes a Step toward Ending Its Resource Curse


Oct 11, 2021 | Leon Kaye
View Original

It does not take much online sleuthing to sort out why Iraq, among many other nations rich in hydrocarbons, has long struggled with its very own resource curse. The country’s ongoing symptoms include an education system that had once ranked highest in the Arab world but has since collapsed; a youth unemployment rate estimated at 25 percent or even higher depending on the source; and participation of women in the workforce that is among the lowest on the planet.