Economic Focus – Iraq

White-collar professionals are the spine of any society in the modern world. However, white-collar professionals are leaving Iraq in what might be the largest displacement of Arabs (some 2 million Arabs) since the Palestinian refuge crisis after the Arab-Israeli wars of 1948 through 1967.

The exodus of white-collar workers from Iraq flee to neighbouring countries like Syria and Jordan threaten to become a problem by straining local infrastructure, pushing up housing prices and fueling inflation.

The severity of the problem can be measured through the number of physicians (some 30,000) before the war that registered in Iraq’s main medical syndicate has now dwindled down to only 8,000.

According to Newsweek, the departure of so many white-collar professionals and skilled workers has essentially stripped the nation of much of its human infrastructure, completing the physical destruction of the war.

Source: Newsweek

Facts – BBC

  • Full name: Republic of Iraq
  • Population: 29 million (UN, 2007)
  • Area: 438,317 sq km (169,235 sq miles)
  • Capital: Baghdad
  • Major languages: Arabic, Kurdish
  • Major religion: Islam
  • Life expectancy: 58 years (men), 61 years (women) (UN)
  • Monetary unit: 1 Iraqi dinar = 1,000 fils
  • Main exports: Crude oil
  • GNI per capita: n/a
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