@article{1471740,
      recid = {1471740},
      author = {Khayyat, Nabaz T., and Muhamad, Goran M.,},
      title = {Empirical studies of an internet and service based economy  : the case of the Kurdistan region of Iraq /},
      pages = {1 online resource (vi, 406 pages) :},
      abstract = {This book is a collection of eight studies covering  several areas pertinent to the current technological and  banking services situation in the Kurdistan region of Iraq.  The economy of the Kurdistan Region of Iraq (KRI) is mainly  dependent on oil revenue. The oil export revenue  constitutes more than 90% of the governments fiscal  revenue. In addition to that, the public sector plays an  excessive role in the economy, with public spending to GDP  being over 70% while revenue from taxation constitutes less  than 30% of total revenue. As the economy is not  diversified, there is a large gap between demand and supply  of locally produced tradeable goods, leaving the KRI  economy highly dependent on imports. Another structural  challenge of the KRI economy is its dependence on cash and  a weekly financial system. Although the region has  witnessed extraordinary economic growth from 2008 to 2014,  the growth rate decreased from 8 to 1 percent, trade and  investment dropped to 5 percent, and the unemployment rate  significantly increased to over 20% by the end of the year  2019. To maintain the progress of economic development, it  is necessary to upgrade the countrys industrial structure  in order to be able to generate more value-added products,  which requires advancement in technological infrastructure  to employ more sophisticated technologies. There is not  much written about Kurdistan and its economy, and yet there  is a comprehensive development plan and resources to be  used for education, research, rehabilitation, development,  and reconstruction. As such, this book would be of interest  to researchers, decision-makers, governmental and  non-governmental organizations, undergraduate and graduate  students, and the general public with an interest in the  Middle East and contemporary Kurdish issues. It is a good  up-to-date handbook for policymakers and NGOs involved in  the rehabilitation, reconstruction, and development of  Iraq. .},
      url = {http://library.usi.edu/record/1471740},
      doi = {https://doi.org/10.1007/978-981-99-3389-1},
}