"تجربة مملكة النرويج في الاصلاح النقدي وتغيير سعر الصرف وإمكانية استفادة العراق منها"

Authors:

  • Sanna Abdulqadir Mustafa
  • ORCID:
Keywords:

Monetary reform, exchange rate and interest rate, oil fund, pensions, Corona pandemic, snake treaty, inflation.

Abstract:

The Kingdom of Norway is a welfare state based on principles such as equality and security for all and has a responsibility to raise the living, health and economic level of the people regardless of the social status and class affiliation of the people through the existence of economic and financial institutions such as the Central Bank, which monitors the process of monetary reform and exchange rate change in terms of its legality based on the country's constitution, judiciary and finance. Monetary reform is a key pillar of the economic reform program in any country in the world, as well as in international economic bodies, because the exchange rate of a country's currency compared to other international currencies is the best proof of the strength of that country's national economy, which is important in the price system and a lever that affects the general price level and the balance of payments through its impact on exports and imports. It also affects the overall burden of the foreign indebtedness of that country, its general balance, external transfers, the state's ability to attract foreign investment, the degree of confidence in the national currency, savings and investment, and the state of the distribution of national income between different social strata and segments.

References:

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Published
2022-08-01