The Possibility Of applying The Korean Development Experience In Iraq To Address The Problem Of Underemployment

Abstract

Abstract

   This research deals with the possibility of applying the development experience of South Korea in Iraq to reduce the problem of underemployment, as the research started from the hypothesis that the development policies and current employment policies in Iraq are not able to simulate the Korean development experience, because Iraq suffers from economic, social and institutional problems and challenges. The research aims to identify the levels of underemployment in Iraq, review the development experience of South Korea and examine the possibility of benefiting from it to achieve the economic renaissance in Iraq, and this research derives its importance from its treatment of the seriousness of the problem of unemployment and underemployment and the consequent economic, social and political problems, and the research reached a set of results, the most notably of which is that the Iraqi economy suffers from deep structural imbalances that are difficult to reform if the situation remains as it is and therefore it needs continuous and vigorous efforts to be reformed, which means that there is a clear developmental failure in the Iraqi economy, despite the fact that the Iraqi economy was distinguished by the abundance of natural resources on South Korea, in addition to the wars, destruction and sabotage that Korea was subjected to, but it was able to achieve a comprehensive economic and development renaissance.