VOL. XLV

No 50

16-December-2002

IRAQ

Cost Of US Occupation Of Iraq Would Be $75-500Bn, Reconstruction $25-100Bn

The cost of occupying and rebuilding Iraq after a successful military operation to oust President Saddam Husain from power would require an economic commitment on a scale that is not being considered by the US administration or the public, according to an assessment by William D Nordhaus, Sterling Professor of Economics at Yale University, published in the 5 December edition of The New...