by Mark Thoma, University of Oregon (Department of Economics)

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Is This Any Way to Rebuild Iraq?

Posted on August 15, 2008

Since the U.S. economy is weak and our own bridges, roads and airports are in desperate need of repair, Linda Bilmes and Joseph Stiglitz want Iraq to pick up a greater share of the cost of its own reconstruction:Is this any way to rebuild Iraq?, by Linda J. Bilmes and Joseph E. Stiglitz, Commentary, Financial Times: Across the Middle East, ... the dizzying rise in oil prices has fueled a construction and employment boom. Yet in Iraq, one-quarter of the population remains jobless, and Baghdad gets only 11 hours of electricity a day. Four million Iraqis have been displaced from their homes and...

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budget , economy , gas , oil