Document Type : Conference Paper
Abstract
Iraq witnessed significant transformations across various economic sectors following the July 14, 1958 Revolution, with the industrial sector being one of the major beneficiaries of these changes. This research aims to study the developments that occurred in the industrial sector post-revolution by analyzing the new economic policies, the state's role in industrial development, and the social and economic implications of these changes.
The period following the revolution involved a restructuring of the economic system, with the government adopting central planning policies and expanding the public industrial sector by nationalizing some enterprises and enhancing the state's role in production. New industrial institutions were also established with the goal of reducing dependence on imports and achieving self-sufficiency.
Thus, this study aims to highlight the key developments in the Iraqi economy, particularly the industrial sector, and how this sector was developed to become a cornerstone of economic revival, providing employment and facilitating agreements with economically advanced countries to benefit from their progress in developing the Iraqi industry.
The research concludes that the industrial developments following the July 14, 1958 Revolution marked a turning point in the Iraqi economy, where government policies led to tangible progress in some sectors. However, these policies also posed long-term challenges, especially concerning economic sustainability and industrial diversification