tag:blogger.com,1999:blog-4746130952759214320.post2205345700777960535..comments2023-09-28T11:33:06.863-04:00Comments on Big Bang Economics: Economic Development in IraqJames Banghttp://www.blogger.com/profile/13827871784144223628noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4746130952759214320.post-58744678743533673272008-02-01T13:28:00.000-05:002008-02-01T13:28:00.000-05:00I agree with the points made in this comment, and ...I agree with the points made in this comment, and would add to them that investment in a well functioning private sector is needed to complement these "public" goods.James Banghttps://www.blogger.com/profile/13827871784144223628noreply@blogger.comtag:blogger.com,1999:blog-4746130952759214320.post-85312318188714224852008-02-01T01:34:00.000-05:002008-02-01T01:34:00.000-05:00Sir I think that its an excellent point that you m...Sir I think that its an excellent point that you make in saying that the public sectors would see an increase in growth and development like building roads, schools, etc. and why wouldnt this be the case. A country such as Iraq would see substainal growth and progress in these fields since a)they werent in place under Saddam, b) much of their infrastructure has been destroyed. Clearly if you start with nothing and you make something, then thats progress. I think it would be interesting to look at the numbers and see how many of these projects are actully being financed by Iraqui private investors/ business owners. The Army corps of engineers should not count in Iraq's public sector progress, which makes me ask the question, Are the Iraqui people investing and starting "public sector" compaines or working for the government through contracted out based projects or rather is the Army doing this? The speaker made the comment that more and more businesses are opening up which is amazing and necessary for the future of that state, however itd be interesting to see the numbers and find out wether these are service based industrys or manufacturing.Anonymousnoreply@blogger.com