The Impact of Terrorism and Governance on Economic Growth in Iraq: Evidence from 2004 to 2024: Impact of Terrorism and Governance on Economic Growth in Iraq

Hawre Latif Majeed; Hajar Abdulqader Salih; Beston Muhammed  Qadir

Article Details

The Impact of Terrorism and Governance on Economic Growth in Iraq: Evidence from 2004 to 2024: Impact of Terrorism and Governance on Economic Growth in Iraq

Authors:

Hawre Latif Majeed | Hajar Abdulqader Salih | Beston Muhammed Qadir

Publisher:

International University of Erbil

Journal:

Academic Journal of International University of Erbil Vol.2 Issue 3, pp.248-262

Document Type:

Article

Publication Date:

7/2025

Document Language:

English

Document ID (Org No.):

2001930222

pISSN:

3080-7174

Keywords:

Abstract:

 This study analyzes the complex interactions among terrorism, governance, and economic growth in Iraq during a two-decade span (2004–2024). The research uses diverse econometric models, such as Granger Causality, Co-integration, and Vector Autoregression (VAR), to examine the effects of political stability, government expenditure, oil revenues, and terrorism on Iraq's economic performance. The results indicate a substantial inverse correlation between terrorism and economic growth, with increased terrorist activity resulting in pronounced decreases in GDP, oil revenues, and general economic performance. Governance, marked by low political stability and fragile institutional frameworks, intensifies the adverse impacts of terrorism, obstructing economic development. The research underscores the necessity of diversifying Iraq's economy beyond oil reliance and tackling income disparity to promote sustained stability and progress. The findings provide critical insights for policymakers, highlighting the necessity for extensive reforms that enhance governance, mitigate terrorism, and foster sustainable economic development in Iraq.

Article Details

The Impact of Terrorism and Governance on Economic Growth in Iraq: Evidence from 2004 to 2024: Impact of Terrorism and Governance on Economic Growth in Iraq

Authors:

Hawre Latif Majeed | Hajar Abdulqader Salih | Beston Muhammed Qadir

Publisher:

International University of Erbil

Journal:

Academic Journal of International University of Erbil Vol.2 Issue 3, pp.248-262

Document Type:

Article

Publication Date:

7/2025

Document Language:

English

Document ID (Org No.):

2001930222

pISSN:

3080-7174

Terrorism

Governance

Economic Growth

Oil Revenues4

Government Expenditure

Issues

Article Details

The Impact of Terrorism and Governance on Economic Growth in Iraq: Evidence from 2004 to 2024: Impact of Terrorism and Governance on Economic Growth in Iraq

Authors: Hawre Latif Majeed | Hajar Abdulqader Salih | Beston Muhammed Qadir

Publisher: International University of Erbil

Journal: Academic Journal of International University of Erbil Vol.2 Issue 3, pp.248-262

Document Type: Article

Publication Date: 7/2025

Document Language: English

Document ID (Org No.): 2001930222

pISSN: 3080-7174

Terrorism

Governance

Economic Growth

Oil Revenues4

Government Expenditure

Issues

Authors:

Hawre Latif Majeed | Hajar Abdulqader Salih | Beston Muhammed Qadir

Publisher:

International University of Erbil

Journal:

Academic Journal of International University of Erbil Vol.2 Issue 3, pp.248-262

Document Type:

Article

Publication Date:

7/2025

Document Language:

English

Document ID (Org No.):

2001930222

pISSN:

3080-7174