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Media Advisory
May 5, 2003
| Economic challenges ahead for the Iraqi government |
| TO: |
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Business and economic reporters/editors |
| WHAT: |
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What Monetary Regime for Post-War Iraq?
In forming its new government, Iraq has a rare opportunity to choose the
monetary regime that will best suit its unique characteristics. SF Fed
Economist Mark Spiegel examines distinct features of the Iraqi economy
and their implications for monetary regimes.
|
| WHO: |
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Mark Spiegel, Economist
Federal Reserve Bank of San Francisco
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| WHEN: |
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Available on the Internet - Monday, May 5, 2003 at 10:00 AM pacific:
www.frbsf.org/publications/economics/letter/2003/el2003-13.html
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| WHY: |
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The post-war Iraqi government faces a significant number of economic challenges,
such as determining and managing the country’s outstanding liabilities,
and the costs of financing the rebuilding of the nation. The new government
also faces the choice of a monetary policy regime that will promote price
stability, an essential element in any well-functioning market economy.
Business reporters researching issues on post-war Iraq and seeking neutral,
third-party input to bring perspective to their stories can contact
Economist Mark Spiegel directly at (415) 974-3241.
|
| CONTACT: |
|
Lily Ruiz, Media Relations Specialist, (415) 974-3240
lily.ruiz@sf.frb.org
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