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  • Coalition Encouraging Private Business Growth in Iraq

    02/18/2004 6:28:46 PM PST · by Calpernia · 4 replies · 207+ views
    American Forces Press Service ^ | Feb. 18, 2004 | By Jim Garamone
    While not precisely a "chicken-and-the-egg" analogy, many in Iraq are asking which comes first, security or prosperity. It's a bit of both, said Thomas Foley, director of private sector development for the Coalition Provisional Authority. "Security and prosperity are related," he said during an interview today. "With prosperity, people have a stake in the economy. There's a lot more pressure for people not to be disrupted." A second point, he said, is that prosperous people have more money to invest in security. They can fund the law enforcement agencies and pay for the infrastructure that ensures the rule of law....