Investing in a conflict area is risky business, but there are resources in Kurdistan which will draw in Oil producing companies. Microfinance structures could also benefit the agricultural region. However, in order for a “boom” to be sustainable, there will need to be a significant investor confidence in security – particularly for the finance industry
Political stability must be viewed as a precursor to economic development. How else do you explain the success of microfinance in places such as India, Mexico, South America, and its failure (for the most part) in Africa (aside from limited success in places such as Kenya – which is a rather stable government for the
Countries such as Iraq, which have not been involved in a capitalistic economic circumstance, are going to experience growing pains as they attempt economic development. Among the most important requirements will be access to capital, and likely in case like this, access to microfinance. My first question about the banking capabilities in the area reveal
Qubad Talabani is the son of Iraqi President Jalal Talabani, and is a representative of the Kurdish Regional Government of Iraq. The entire world is all too familiar with the war going on in that country. While I am not interested in exploring the political ramifications of such a war, history has taught us that