Eco-tourism in Iraq / the marshes of the south as a model (analytical study)

Abstract

The research deals with the impact of the effectiveness of quantitative easing in reducing inflation, ie reducing the costs borne by foreign reserves as a result of the demand for foreign currency to cover imports, as well as the weak role of fiscal policy in using its tools. Unconventional monetary policy to reduce costs or pressure on foreign reserves? While the research hypothesis was that there is effectiveness between quantitative easing and the reduction of foreign reserves, the most important conclusions were that the pressure of public finance on monetary policy makes the latter pay two taxes, namely, pressure on foreign reserves and their depletion and the rise in the general level of prices, the inflation tax. As for the most important recommendations, the researcher recommends not putting pressure on Monetary policy by fiscal policy in light of its failure to perform and the dominance of monetary policy by putting pressure on foreign reserves and the exchange rate tool.