Overall development of the rule of law and economic legislation

14/02/2012

One of the most important private sector tools BAGHDAD - Yasser incumbent
Raised the Economic Forum, titled reality and strategy of the private sector organized by the Iraqi Institute for Economic Reform sensation between the scientific, technical and specialized in economic affairs, considering that the strategy requires addressing the issue of economic reform as an integral whole.
The symposium reflected the great interest in the private sector by the parliament and the government for the first time this level of representation where the seminar was chaired by a member of the parliamentary economic committee Mohammed Salman and the presence of a number of general managers, academics and interested parties.
The only outlet to engage that part of the target audiences attending a few, despite its calls by the Institute and this phenomenon is the fact that a healthy level, which deals with such topics as high loses the concerned authorities the importance of practical solutions and insights to save the national economy from its problems and challenges.
Working paper submitted by the core of the symposium Iraqi thinker and economist Kamal visual answering questions asked in a very important and that which the researcher tried to provoke debate at a high level of importance on this vital issue »Private Sector».
The focus of these questions is the economic development that achieve prosperity in a rich country like Iraq.
The most prominent of these questions are:
* Is that Iraq needs a rule of law or to the free economic legislation?
- These alternatives Hula Economic Forum to the workshop where the analytical convergence of visions in the sides and parted in other aspects ..
Focused on the working paper on the requirements of the strategy of private sector development and reform of the business environment in the adoption of economic policy, the adoption of twinning in the private sector and the adoption of private sector financing.
He noted during a visual presentation of his paper that the evidence confirms the global importance of good governance and the rule of law and, until recently, said the pioneers of economic thought advocate the importance of legislation and economic reforms without reference to the container Social »environment the rule of law».
But the failure of reform experiences in Russia and some Latin American countries and in Bosnia called for some analysts to re-examine the requirements of economic reform.
He said a scientific study aimed at the interpretation of economic prosperity that the most important factor is the rule of law and researcher proved statistically that the relationship between economic prosperity and the rule of law is stronger than the relationship between economic well-being and the laws of economic reform.for more reading click link blow

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