THE IMPACT OF LOCAL INVESTMENT ON THE TOTAL WORKFORCE IN THE IRAQI ECONOMY FOR THE PERIOD 2004-2021

Abstract

The research sought to identify the criteria for investment decision-making due to its important strategic role in economic, social and environmental activity in any country while maintaining the development process and expanding the industrial base to create new job opportunities. The research reached several conclusions, including proving the validity of the research hypothesis. This was confirmed by the standard results using the (Eviews9) program, with a direct relationship between local investment and the total workforce. The standard results also confirmed that both variables stabilized at the level, so there is no need to test joint integration to prove the existence of a long-term equilibrium relationship between the variables. The research recommends saving public companies from collapse and creating job opportunities for disguised unemployment through cooperation between the private and public sectors by focusing on a group of projects that enjoy government support and protection for training, technology acquisition and market access to enable growth and competition, and directing and distributing the workforce to all economic sectors in the best possible way and in a way that ensures the maximum possible productivity, stimulating investment by creating an encouraging environment for investment, simplifying procedures and announcing investment opportunities with complete transparency.