Rebuilding After War And Why Iraq Can’t Keep The Lights On

The ongoing electricity crisis in Iraq, marked by significant investments yet persistent blackouts, reflects broader governance challenges. Similar to the struggles faced in other sectors, such as housing during the pandemic, where low mortgage rates have led to stagnation, Iraq's electricity issues highlight the critical need for effective governance to support infrastructure projects. The involvement of major companies like GE and Siemens underscores the importance of aligning investment with robust governance frameworks, a theme echoed in various economic discussions, including those surrounding budget plans in other regions.