Monday, July 21, 2003
THE STANDARD ON BREMER
Go here. What I found heartening in this article is that Bremer appears to understand that along with security the issue of economics is crucial to establishing a democratic Iraq. Most State department types would have been in a hurry to establish all the forms of government control over the economy such as taxes, regulatory agencies and customs but Bremer clearly understands that such things will smother an incipient free market that is struggling to be born and send a bad signal that Iraq will be business as usual with corruption, baksheesh and statism as the norm. He's content to let the country remain for a time as a duty free zone and inject capital into the hands of ordinary Iraqis.
No wonder the Nation is in a hurry to get the U.S. out of Iraq. Next to the invasion itself, capitalism breaking out is that crowd's worst nightmare. ¶ 10:54 PM
Go here. What I found heartening in this article is that Bremer appears to understand that along with security the issue of economics is crucial to establishing a democratic Iraq. Most State department types would have been in a hurry to establish all the forms of government control over the economy such as taxes, regulatory agencies and customs but Bremer clearly understands that such things will smother an incipient free market that is struggling to be born and send a bad signal that Iraq will be business as usual with corruption, baksheesh and statism as the norm. He's content to let the country remain for a time as a duty free zone and inject capital into the hands of ordinary Iraqis.
No wonder the Nation is in a hurry to get the U.S. out of Iraq. Next to the invasion itself, capitalism breaking out is that crowd's worst nightmare. ¶ 10:54 PM
