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Title The Kurdistan region of Iraq : assessing the economic and social impact of the Syrian conflict and ISIS / World Bank Group
Published Washington, DC : World Bank, [2015]
©2015
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Description 1 online resource (xiv, 174 pages) : color illustrations, color maps, color charts, color photographs
Contents Cover; Contents; Acknowledgments; Abbreviations; Overview; The KRG Is Facing a Multifaceted Crisis Compounding Economic and Humanitarian Risks; To Manage the Impact of These Shocks, KRG Will Need Additional Resources to Restore Access to Public Services; Tables; 0.1 Stabilization Assessment, 2015 Projection; These Stabilization Assessment Findings and Main Channels of Impacts Are Subsequently Elaborated; The Refugee and IDP Crises Have Imposed Substantial Strains on the Social Sectors, and Additional Resources Are Needed to Address Humanitarian Issues
1.3 Number of Local and Foreign Registered Firms: Erbil, Sulaymaniyah, and Dohuk Governorates, 2008-141.2 Comparative Indexes, KRI versus Iraq; 1.4 KRI-Licensed Investment Project Capital, 2006-14; 1.5 KRI Investment, by Sector, November 2006 through September 7, 2014; 1.6 Installed Plants in Industry Sector, July 2014; 1.7 Imports from the World and Turkey to KRI, 2009-13; Impact of Crises and Stabilization Assessment; 1.1 Child in Arbat Camp in Sulaymaniyah Governorate; 1.8 Public Revenues: Baseline and Counterfactual (No Budget Shock) Scenarios, 2011-15
1.9 Point Impact of IDPs on Monetary Well-Being of KRI Residents, 20141.10 Level of Consumer Price Index, January 2010 through September 2014; 1.11 Iraq: Trade Flows (Including Oil), January 2014 through July 2014; Box; 1.1 Accounting for the Impact of the Budget Freeze; 1.12 Iraq: Monthly Imports from Neighboring Countries, January 2014 through July 2014; 1.13 Iraq: Monthly Exports to Neighboring Countries (Including Oil), January 2014 through July 2014; 1.14 Customs Revenues, January 2013 through August 2014; 1.15 Tourist Arrivals in KRI, 2012-14; Maps; 1.1 Diversion of Trade Routes; Notes
2. Social Development Impact of the ConflictHealth Sector; 2.1 Per Capita Health Expenditures in KRI, 2008-11; 2.2 KRG Capital Investment, 2008-11; 2.3 Number of Hospital Beds, by Governorate and Public-Private Mix; 2.4 Recurrent Health Expenditure in KRI, 2007-13; 2.5 Impact on PHC Services and Hospital Per Capita Expenditures, 2011-13; 2.6 Impact of Budgetary Crisis versus Refugees and IDPs Crises on Per Capita Expenditure, 2013 and 2014; 2.1 Impact Assessment for the Health Sector, October 2012 to September 2014; 2.2 Stabilization Assessment for the Health Sector, 2015
The Crisis Increased the Stress on Infrastructure, Including Water, Solid Waste Management, Electricity, and Transport Sectors: The Stabilization Cost Is Enormous photos; O.1 Children in Arbat Camp in Sulaymaniyah Governorate; Conclusions; Notes; Introduction; Notes; 1. Macroeconomic and Fiscal Impact of the Conflict; Precrises Macroeconomic Situation; Figures; 1.1 KRI GDP at Current Prices, 2004-11; 1.1 Revenue and Expenditures, 2010-14; 1.2 KRG Economic Composition of Public Expenditures, 2013
Summary "The Kurdistan region of Iraq is facing an economic and humanitarian crisis as a result of the influx of Syrian refugees which began in 2012 and internally displaced persons (IDPs) in 2014. The region's population increased by 28 percent over a short period, placing strains on the local economy, host community, and access to public services. This book provides national and regional policy makers with a technical assessment of the impact and stabilization costs needed for 2015 associated with the influx of refugees and IDPs. The stabilization cost for 2015 is estimated at US$1.4 billion in additional spending above and beyond the region's budget. This estimate could significantly increase should the crisis persist longer. The study highlights how prices and unemployment have increased, and refugees and IDPs entering the labor market are pushing wages down. A surge in violence led to supply side shocks. The ISIS crisis has had a significant effect on trade of goods and services. Transportation routes were disrupted. Foreign direct investment flows have declined and operations of foreign enterprises have been adversely affected. Disruption of public investment projects have had a negative impact on the economy. Based on the World Bank estimates, economic growth contracted by 5 percentage points in the region and the poverty rate more than doubled, rising from 3.5 percent to 8.1 percent. While the government has been responsive to addressing the needs of the displaced population up until now, more resources are needed to avert this humanitarian crisis and address the needs of the displaced population in the medium- and long-term. The report is an outcome of close collaboration between a wide spectrum of World Bank experts and regional government institutions and international partners"--Publisher's description
Notes "This report was written by a team led by Sibel Kulaksiz"--Acknowledgments
Bibliography Includes bibliographical references (pages 171-174)
Notes Description based on resource, viewed June 2, 2015
Subject Kurdistān (Iraq). Ḧikûmetî Herêmî Kurdistan-ʻÊraq.
Insurgency -- Economic aspects -- Kurdistan.
War -- Economic aspects -- Kurdistan.
Kurdistan -- Economic conditions -- 21st century.
Kurdistan -- Social conditions -- 21st century.
Syria -- History -- Civil War, 2011-
Genre/Form History.
Form Electronic book
Author World Bank, issuing body
ISBN 1464805490 (electronic bk)
9781464805493 (electronic bk)
Other Titles Assessing the economic and social impact of the Syrian conflict and ISIS