I am working on an essay on this subject, but this Tech Central Station article from last Thursday by Ariel Cohen hits the highlights. An excerpt:
The road to economic prosperity in Iraq will not be easily paved, but the post-Saddam administration can help the new Iraqi government achieve fundamental structural reform with massive, orderly, and transparent privatization of various sectors of the economy, including the oil industry. The United States should offer its guidance on establishing sound economic and trade policies to stimulate growth and recovery.
The darkest place is under the candlestick. (c)