Iraq’s Bright Future
“No matter what the critics say, oil revenue and foreign investment will guide Iraq to prosperity.” Ian Bremmer on what will become of Iraq once American troops leave.
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“Investors and policymakers once feared that when U.S. combat troops withdrew from Iraq, the country would crash and burn. Instead, over the next several years, a surge in oil revenue and the need to rebuild will make Iraq one of the world’s most attractive investment destinations. … Iraq already ranks No. 12 on the list of the world’s fastest-growing economies. … To be sure, Iraq still has plenty of political problems, beginning with the fact that, months after parliamentary elections, the country still has no new government.”
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