Nima Sanandaji describes the surprising growth of Iraqinomics:
Although media seldom report about this, the Iraqi economy is rapidly growing. According to the report “Measuring Stability and Security in Iraq October 2005,” GDP per capita has more than doubled between 2003 and 2005. Compared to pre-war levels the increase was 31 percent. And the future looks bright. According to the Brookings Institution Iraq Index the Iraqi economy is expected to have a real GDP growth of 49 percent in the period 2006-2008. The oil sector has still not recovered to pre-war levels, partially due to the terrorist menace.