Academy of Strategic Management Journal (Print ISSN: 1544-1458; Online ISSN: 1939-6104)

Abstract

Impact of Oil Price Fluctuations on Iraq's Sustainable Development

Author(s): Zeyad khalaf Khaleel

 This research addresses an important issue that is constantly faced by the economy of Iraq. The problem is related to the oil price fluctuations & their subsequent effect on the cash supply which eventually impacts the overall economy & sustainable development of Iraq. This is due to the fact that economy of Iraq largely depends on the crude oil, & any variation in oil prices has direct impact on the country’s economy. Hence, this is an important area of exploration for researchers and scholars as it is directly related to the economy of the country. This research presents a theoretical framework of oil prices & monetary policy for the period of 1990-2019 for more precise estimation of outcomes to accomplish research goals. This research aims to see the impact of oil price fluctuations on economic and sustainable development. The results suggest a significant impact of price fluctuations on the sustainable economic development of Iraq.

 

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