U.S. Moves to Privatize Iraqi Economy

NPR

Published September 22, 2003 at 12:00 AM EDT

U.S. administrator Paul Bremer signs off on a plan to overhaul Iraq's Soviet-style economy. The proposal opens up to foreign investment all parts of the country's economy, except its oil industry, and eliminates limits on foreign ownership. Hear Jeffrey Sachs, director of the Earth Institute at Columbia University.

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