The College of Administration and Economics at the University of Baghdad discussed, a PhD dissertation in field of Economic by the student (Saif Ali Yahya Hassan ) and tagged with (The role of some financial and monetary variables in directing bank credit to revitalize the productive sectors in Iraq ) , Under supervision of ( Prof. Dr. Salah Mahdi Abbas )
This study aimed to measure and analyze the direct and indirect effects of financial variables (public spending, public revenues, internal debt, external debt) and monetary variables (interest rate, broad money supply, parallel exchange rate) on non-oil productive sectors with and without bank credit, which is a variable. As an intermediary, quarterly data was used covering the period (2004-2021), and in order to measure the objective of the study, the Path Analysis model method was used via the IBM SPSS-AMOS program. As a result, the study assumed that financial and monetary variables have weak effects in directing bank credit towards non-oil productive sectors in Iraq, whether directly without credit or indirectly with its presence as a result of a number of instability factors within the macroeconomy. The study reached a number of conclusions, the most important of which was that the study’s hypothesis was proven correct. Accordingly, the study recommended the necessity of directing bank credit towards the productive sectors, especially (agriculture and industry), and thus the financial and monetary variables must be reconsidered in a way that serves to direct bank credit towards these sectors. sectors to raise the level of their contribution to the country’s gross domestic product