An Economic Study to Estimate the Impact of Inflation on the Performance of the Most Important Productive Sectors in the Arab World | ||
| Annals of Agricultural Science, Moshtohor | ||
| Article 101, Volume 59, Issue 5, 2021, Pages 955-968 PDF (781.74 K) | ||
| Document Type: Original Article | ||
| DOI: 10.21608/assjm.2021.196646 | ||
| Author | ||
| Ahmed Abd El- Salam Jagheef Al-Nasiri* | ||
| Bachelor of Agricultural Science - College of Agriculture - Tikrit University | ||
| Abstract | ||
| The results of the research indicated that the contribution of the agricultural sector to the structure of Arab GDP during the period (2010, 2015-2017) shows that it contributes about 6.2%, 5.8%, 6% and 5.6% during the mentioned period, while the contribution of the commodity sector reached 57.2%. Total services sectors were estimated at 42.1%, 52%, 54.1% and 51.9% for the same periods. Given the harsh conditions that Iraq has gone through, it has been unable to find mechanisms to control market prices that determine the levels of hyperinflation, which now threatens the real income levels of the individual, despite the adoption of monetary policy unique in the world through its hegemony and in absolute form and governed by exchange rates Foreign through the daily central bank auction. Where the statistics of the Iraqi Ministry of Planning for another rise in inflation rates, witnessed in 2017 and by 0.8 percent from 2016 rates, and the general index is one of the most used indicators in measuring inflation in Iraq, reflecting the change in the prices of goods and services to consumers. The index monitors 416 goods and services collected by the Central Bureau of Statistics monthly from the cities of Iraq. The problem of inflation is a phenomenon faced by most countries in the world adopted a free market system, but the causes of inflation and types vary from one country to another. There is an increase in the value of a specific commodity, but it is temporary in a season or occasion that will disappear after a short period. There is a real inflation problem, although its rates have declined over the past decade compared to years before 2003. The drop in gross domestic product (GDP) except oil is so low that it does not exceed $ 35 million. For vital sectors in the Economy, such as energy, fuel, transportation, and other service sectors. Inflation has increased the burdens of the Iraqi family, because families living without a specific financial resource have reduced their consumption and rearranged their consumption priorities because they are unable to cover the increase in prices resulting from the continuous rise in the prices of some commodities, especially oil derivatives. The results of the research indicate that there is a relationship of inflation rate and economic variables, the GDP of current and real prices and the real exchange rate | ||
|
Statistics Article View: 106 PDF Download: 3,292 |
||
