Corruption, deep disparity mark Iraq’s oil legacy post-2003

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Basra province, which boasts most of Iraq's oil reserves, is symbolic of the deep disparities that have endured since the 2003 invasion.

Basra continually bewilders experts, envoys and residents: How can a relatively stable province so rich in resources rank among the poorest and most under-developed in the country?

The result is that elections keep establishment parties in power. Voter turnout has dropped to record lows. The 2003 toppling of Saddam propelled the oil-rich country into the global economy, opening the doors to foreign investment. In pre-invasion planning, U.S. advisors and their Iraqi opposition allies in exile had envisioned a shock system of reforms that would revamp Iraq’s oil industry and fund post-war reconstruction.

His is a common story in Nahran Omar, a village of fewer than 2,000 people adjacent to a state-run oil field where cancer rates are disproportionately high. Every family here has a story of illness and debt, said Bashir Jabir, the mayor.

 

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