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Diane Publishing Books
Paying for Iraq’s Reconstruction
Douglas Holtz-Eakin (pf); Eric J. Labs (au). Estimates of the cost of rebuilding Iraq after the overthrow of Saddam Hussein’s regime range from $50 billion to $100 billion. U.S. lawmakers have provided more than $18 billion in grants to assist in that reconstruction. Other countries & organizations have pledged a similar amount, mostly in the form of loans. This report examines the key resource issues related to Iraq’s recovery. Those issues include the country’s reconstruction needs, its potential oil revenues & debt burden & what additional resources, if any, may be necessary for the reconstruction effort. The analysis also considers three illustrative approaches to rebuilding Iraq that could require different levels of international funding. Charts & tables.
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