Global developments and their implications for The international competitiveness of the industry in Iraq
DOI:
https://doi.org/10.33095/jeas.v26i124.2044Keywords:
global developments , industrial competitiveness , Trade economic openness, competitive markets, regulatory price.Abstract
During the last quarter of the twentieth century , the global economy
witnessed transformation in various commercial , technological and financial
fields that changed its structure and produced a new situation that is mainly
represented in the increasing movement of foreign capital and the rapid
expansion of international production and trade in addition to the tremendous
technological development and technology transfer, which led countries to Being
obsessed with competing at the global level and seeking to enter international
markets and improve their competitiveness. It was agreed that these factors are
among the manifestations of adopted the slogan of economic and commercial
openness for the sake of a global market that achieves gains and growth for all .
The industrial sector is considered one of the most vulnerable sectors to the
effects of changes in the international economic environment , in a way that
makes the local industry in Iraq become more fragile with the passage of time , as
it experiences sharp competition with global institution that have come to control
the world , and this competition does not affect the institution of developing
countries targeting local markets as well . this is in the environment of markets
and competition , and from here it has become imperative to respond to these
challenges by working to develop its competitiveness to ensure its continuity and
survival which is controlled by a set of determinants whose nature differs
between price , non- price organizational , facilitation technical …etc. As for the
industrial sector in Iraq under the current stage , it inherited an industrial reality
characterized by backwardness and shackled by many problems and obstacles
that limit its activity and its ability to work in light of the new economic policy
characterized by freedom of trade and the adoption of market mechanisms and
economic standards in allocating resources According, we will review the most
important international industrial and technological. within the global
competitiveness indicators.
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