Article: Effects of Iraq War Are Mixed for Middle East States.

By Peter J. Cooper, AME Info, Abu Dhabi, United Arab Emirates Knight Ridder/Tribune Business News

Apr. 21--Overall in the Middle East windfall profits from oil revenues will have more than offset the economic impact of trade lost due to the Iraq War and a slump in tourism in the first quarter of 2003.

Now the $100 billion reconstruction of Iraq promises a regional trade boom that may send regional economic growth rates to Chinese levels. In this scenario, far from destabilizing the region, the Iraq War will prove to be a turning point for economic reform and a boom for business.

For without punishing United Nations' economic sanctions, and ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!