Date of Award

Spring 4-30-2025

Document Type

Honors Project

Degree Name

Bachelor of Arts

Department

Political Science and International Affairs

Department Chair or Program Director

Cooperman, Rosalyn

First Advisor

Singh, Ranjit

Second Advisor

Al-Tikriti, Nabil

Major or Concentration

International Affairs

Abstract

Due to resource scarcities from climate change, Iraq needs to reconfigure it's economic policy to resolve them. It needs to have an export model that is diversified from oil due it's weakness as a valuable export. Oil is vulnerable to price shocks and decreased demand from global energy transitions. Instead, Iraq should build knowledge intensive industries that create multiple valuable products to earn the revenue to import scarce resources. This can be attained with a just transition strategy that implements a energy transition while protecting the working class. A energy transition needs policies that lower the relative cost of renewable energy to non-renewable energy. Labor upskilling policies are needed to protect the working class such as labor retraining and educational reform policies. This paper will borrow policies implemented in Germany, Oman and, Sweden to analyze their applicability to Iraq.

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