IRAQ
 
Rentier State: The Fundamental Obstacle To Iraq’s Sustainable Development *
 
By- Al-Sayyid ‘Adil ‘Abd al-Mahdi**
 
From the 1920s to the 1960s, agriculture provided the backbone of the Iraqi economy, with around 75% of the population living in rural areas and agricultural and livestock production accounting for the largest share of GDP.
 
During this period a system of private individual ownership prevailed, a system expanded by...