تحليل تقلبات أسعار النفط و نمط االنفاق العام في السعودية والعراق

Analysis of oil price fluctuations and the pattern of public spending in Saudi Arabia and Iraq

Abstract
Most of the countries producing raw materials and raw materials,
especially oil, are characterized by a one-sided economy that relies
mainly on the rentier in financing the budget and the economy. This has
resulted in the slide of the economies of these countries in the orbit of
oil markets and volatility, and the infiltration of crises and global
economic fluctuations through the channel resource oil, where oil
economies are affected by the rise and fall in oil prices through the
transmission of volatility and instability from the oil sector to non-oil
sectors. The sensitivity of the economy to these changes is felt in all
sectors that contribute to the bulk of economic output through the public
spending channel. Therefore, this study sought to analyze and diagnose
the effects that the fluctuations of oil prices can have on the trends and
patterns of public spending that can not be separated from the
characteristics of the oil rental economies by focusing on the change in
the values of public expenditure in both current and investment.
Fluctuations in the prices of crude oil in the international market and the
extent of the deviation of the path of public spending in achieving the
goals of growth and economic stability. The economy of the Kingdom of
Saudi Arabia and the Iraqi economy have been used to analyze the
nature of the financial structure in the oil countries and the extent of the
interrelationship between oil, public spending and the economy of the oil
countries.