Empirical Studies of an Internet and Service Based Economy The Case of the Kurdistan Region of Iraq

This book is a collection of eight studies covering several areas pertinent to the current technological and banking services situation in the Kurdistan region of Iraq. The economy of the Kurdistan Region of Iraq (KRI) is mainly dependent on oil revenue. The oil export revenue constitutes more than...

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Bibliographic Details
Other Authors: Khayyat, Nabaz T. (Editor), Muhamad, Goran M. (Editor)
Format: eBook
Language:English
Published: Singapore Springer Nature Singapore 2023, 2023
Edition:1st ed. 2023
Series:Perspectives on Development in the Middle East and North Africa (MENA) Region
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
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505 0 |a Ch1 Assessing Innovation Capability and Technological Readiness for the KRG -- Ch 2 Examining Customer State Preferences of Mobile Services in the Kurdistan Region of Iraq -- Ch 3 Investigating the Factors affecting Mobile Money Adoption in the Kurdistan Region of Iraq -- Ch 4 Investigating the Determinant Factors of Telemedicine Adoption in the Kurdistan Region of Iraq -- Ch 5 Consumers’ Current State Preferences for Internet Banking Services -- Ch 6 Transferring Lean to Service: Application to the Kurdistan Banking Industry -- Ch 7 Adoption of Social Media in Small and Medium Enterprises in the Kurdistan Region of Iraq -- Ch 8 Online Reviews on Facebook and Their Influence on Customers’ Purchase Intention in the Kurdistan Region of Iraq Restaurants 
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653 |a Economic development 
653 |a Financial engineering 
653 |a Financial Technology and Innovation 
653 |a Peace and Conflict Studies 
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653 |a Financial services industry 
653 |a Economic Development, Innovation and Growth 
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520 |a This book is a collection of eight studies covering several areas pertinent to the current technological and banking services situation in the Kurdistan region of Iraq. The economy of the Kurdistan Region of Iraq (KRI) is mainly dependent on oil revenue. The oil export revenue constitutes more than 90% of the government’s fiscal revenue. In addition to that, the public sector plays an excessive role in the economy, with public spending to GDP being over 70% while revenue from taxation constitutes less than 30% of total revenue. As the economy is not diversified, there is a large gap between demand and supply of locally produced tradeable goods, leaving the KRI economy highly dependent on imports. Another structural challenge of the KRI economy is its dependence on cash and a weekly financial system. Although the region has witnessed extraordinary economic growth from 2008 to 2014, the growth rate decreased from 8 to 1 percent, trade and investment dropped to 5 percent, and the unemployment rate significantly increased to over 20% by the end of the year 2019. To maintain the progress of economic development, it is necessary to upgrade the country’s industrial structure in order to be able to generate more value-added products, which requires advancement in technological infrastructure to employ more sophisticated technologies. There is not much written about Kurdistan and its economy, and yet there is a comprehensive development plan and resources to be used for education, research, rehabilitation, development, and reconstruction. As such, this book would be of interest to researchers, decision-makers, governmental and non-governmental organizations, undergraduate and graduate students, and the general public with an interest in the Middle East and contemporary Kurdish issues. It is a good up-to-date handbook for policymakers and NGOs involved in the rehabilitation, reconstruction, and development of Iraq.