Policies of monetary correction in Iraq and their effects on investment attraction for the period 2006 – 2016 in Kurdistan region of Iraq - a case study

Abstract

The monetary correction policy through monetary policy have a direct impact on increasing savings and investment rates with of foreign investment, which is a complement to domestic resources, but can’t be a substitute for it in addition to efforts to mobilize domestic savings and investment effectively when providing an appropriate investment climate and enhance the participation of the private sector and the provision of finance and capital which aim of economic development. The monetary correction policy. To increase the flow of domestic and foreign capital for the Kurdistan region gained security and stability, especially after the issuance of Law No. 4 of 2006 and analysis of the environment .To invest in the region in order to diagnose strengths and weaknesses. The emphasis was placed on macro-economic policies in order to improve the investment climate in the region, The results of the standard analysis showed that there is a long-term equilibrium relationship between investment on the one hand and independent variables on the other hand, and the analysis that there is no short-term relationship between investment and independent variables.