The sovereign debt crisis in Europe could be bad news for the Iraqi economy if it leads to a sustained bear market in oil. But a more likely outcome is that the crisis will cause central banks to continue their ultra-loose monetary policy, thereby benefiting Iraq by keeping oil prices high.
Our new expert Blogger, Dr Mark DeWeaver PhD, will take you on a fascinating journey as he negotiates the dangers and identifies the opportunities in this extraordinary emerging market which has such potential for investors. Read his first blog ‘An apocalypse with a silver lining’ here .
Dr. Mark A. DeWeaver is a cofounder of Quantrarian Asia Hedge, an emerging markets fund focusing on listed equities and related index products. Established in 1999, the fund has taken positions in Thailand, Hong Kong, China, and Taiwan and is currently one of the largest foreign investors in the Iraq Stock Exchange. Dr. DeWeaver began his career as a research analyst in Shenzhen, China, where he worked from 1991 to 1995, first for W. I. Carr and later for Peregrine Brokerage. He received a PhD in economics from the University of Hawaii in 1998.
He can be contacted at [email protected]