The scholastic view of public religion differed, and this difference was on two extremes. All economic schools agreed that public debt is a monetary liquidity that was unjustly deducted from the income and output cycle as a result of the imbalance in the economic balance and the departure from the conditions of balance between aggregate demand and aggregate supply. Debt is a waste of financial resources allocated to productive accumulation. Except for the Keynesian school, which considers public debt to be an addition to aggregate demand after the decline in the role of the private sector in investment as a result of pessimistic expectations that warn of signs of economic contraction. Public debt is linked to the exchange rate through the interest rate channel, so that public debt causes competition for financial resources. This competition results in an increase in the local interest rate, which results in an increase in demand for the local currency with the aim of increasing investment, and the demand for the local currency raises the price of the local currency. Which means that there is an indirect relationship between public debt and the exchange rate, but this relationship may create damage in the balance of payments in the near future. They assumed theexistence of a long-term causal relationship between internal public debt and the exchange rate.The main goal of this research is to verify the economic relationship between the investigated variables, using the cointegration model and the error term correction vector model to prove the research hypothesis. And the Kranger model of causality betweenthe variables. The research reached the most prominent conclusion, which is that individual expectations for the internal public debt after each annual deficit in the state’s general budget cause a decrease in the value of the local currency due to the increase in demand for the dollar and the decrease in demand for the dinar, which means that there is causality in one direction. From internal public debt to the exchange rate, this is what was proven by the results of Kranger’s causality test
Receipt date: 2/2/2021 accepted date: 4/6/2021 Publication date: 12/31/2021
This work is licensed under a Creative Commons Attribution 4.0 International License.
The approval of the federal general budget in Iraq is one of the most important competencies of the legislative authority , Being one of the important financial and monetary policy instruments on which the state depends for its economic growth , Hence, the obstruction of the approval of the federal b
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... Show MoreThe last decade of this 20th century provides a wide spread of applications of one of the computer techniques, which is called Fuzzy Logic. This technique depends mainly on the fuzzy set theory, which is considered as a general domain with respect to the conventional set theory. This paper presents in initiative the fuzzy sets theory and fuzzy logic as a complete mathematics system. Here it was explained the concept of fuzzy set and defined the operations of fuzzy logic. It contains eleven operations beside the other operations which related to fuzzy algebra. Such search is considered as an enhancement for supporting the others waiting search activities in this field.
This study focuses on evaluating the suitability of three interpolation methods in terms of their accuracy at climate data for some provinces of south of Iraq. Two data sets of maximum and minimum temperature in February 2008 from nine meteorological stations located in the south of Iraq using three interpolation methods. ArcGIS is used to produce the spatially distributed temperature data by using IDW, ordinary kriging, and spline. Four statistical methods are applied to analyze the results obtained from three interpolation methods. These methods are RMSE, RMSE as a percentage of the mean, Model efficiency (E) and Bias, which showed that the ordinary krigingis the best for this data from other methods by the results that have b
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