Middle East: No Time for Prudence


In Iraq these days, a Premier can be a little too good. A case in point is ex-Premier Abdel Rahman Bazzaz, who, despite his notable achievements while in power, suddenly found himself out of a job last week.

A quiet, scholarly former diplomat, Bazzaz returned to Iraq last September from an ambassadorial post in London, and became his country's first civilian Premier since Iraq became a republic in 1958. Launching a policy of "prudent socialism," Bazzaz halted the trend toward nationalization, guaranteed private investment against expropriation, and restored a glimmer of prosperity to his oil-rich nation, which had been suffocating...

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