Article quote: “The ASYCUDA system is not merely a technical application; it is a necessary transitional phase from a rentier economy [Oil based only] to an institutionalized economy, and from customs chaos to a comprehensive regulatory framework” That is the piece that should make everyone smile! …This is a very telling article. It shows that Iraq is going from a rentier economy to a market economy [non-oil revenue]. That simple. That will include Iraq’s established REER [Real Effective Exchange Rate]. I am looking forward to their new era to arrive! :Militia Man
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