Beyond the headlines, the Iraq war's legacy is sadness


Faisal Al Yafai
  • English
  • Arabic

In the end, what was it good for? The withdrawal of US troops from Iraq marks the end of one of America's longest wars, and one of its worst. For the United States, the Iraqi occupation was a disaster.

The violations of international norms that gave birth to the war still reverberate; the war devastated an increasingly fragile economy; and the horrors of Guantanamo and Abu Ghraib destroyed America's moral view of itself. But it was upon Iraqis that the weight of the past decade has most harshly fallen.

The departure of America brings to an end a war that has defined a region and dominated so much of my career this past decade. The spectre of Iraq, its refugees, its arguments, its legacies, have followed me across the Middle East, to Europe and America, even to Africa and the edges of Indonesia. For precisely 10 years, no month has passed that I haven't spoken about, written about or argued about Iraq.

But at the end of it, at an end that is really a beginning, my instinct takes me to the human side of the invasion, to the millions of people affected, the tens of thousands of people killed and maimed. I've heard the stories of Iraqi mothers clinging to their children as they leave for school, unsure if they would ever return, and of those - so many, too many - who never did. The empty seats at the dinner table and the empty space in family photos. The fiancé looking forward to his wedding, blown apart on the streets of Baghdad. These are fragments of a big story, the story of a country and of a decade, but I can't forget them.

Such stories were the reality of an invasion that was never a celebration of freedom, but a swift, long descent into chaos, created in enormous part by policy disasters by people who should have known better but didn't care to. As American troops left, I tried to think of what good the occupation brought to ordinary Iraqis, and it was hard to think of much. Saddam Hussein may be gone - that is no small thing - but the brutality of his rule has been replaced by near-chaos. For Iraqis, the occupation has brought so little good, an occupation that has been an utter disaster, from controversial start to hasty withdrawal, a disaster personally, politically and morally.

Sometimes it is the mundane that brings home the horror. Using WikiLeaks data, The Guardian created an infographic of all the deaths of Iraqis, with red dots representing dead Iraqis superimposed over a map of the country. (Perhaps nothing shows best the invaders' contempt for Iraqis so much as the utter absence of an official attempt to count the number of Iraqi dead. Every coalition soldier has - rightly - been named, counted and remembered. The Iraqi dead are invisible.)

The map is stark, particularly in Baghdad. No part of the city escaped death. The area around Baghdad University, where young men and women, their lives ahead of them, studied and dated, is speckled with red dots. In the north, around the ancient Mustansiriyya School of the Abbasid era, there are streaks of red. The historical centre, the commercial centre, even parks and recreation grounds, nothing escaped the horrors of the last few years.

For those people, the Iraq occupation has been an unremitting calamity. I wonder if anything can make up for the loss of a brother or sister, a daughter or son. That so many deaths were caused in the name of freedom, rather than during the raw brutality of Saddam Hussein's rule, that they were discounted so easily as collateral damage, that we witnessed the horror and arrogance of people far from the conflict deciding if the invasion was "still worth the price", somehow makes it worse.

Up and down Iraq, thousands upon thousands of children were woken in the middle of the night as the doors of their homes were kicked in by the boots of soldiers. Innocent men were pulled from their beds, tied up and taken.

No one escaped. Not the Muslims, not the Christians, not the Jews, nor the Yazidis, nor the Chaldeans. This was the daily reality for millions and millions of Iraqis. That is no small thing. It is not something easily forgotten, a trauma that will take a long time to heal.

Even those who didn't experience the worst of the worst - exile, the night arrests, the beatings, the torture in dark places far from the eyes of the world - heard about it and knew it could reach them anytime. Security ceased to be a noun and became only a slogan.

What is left in Iraq? What is the legacy of US involvement?

Much will be written about the politics of the beginning and the politics of the end: about the rise of Iran, about the imperial over-reach of America, about the troubles of Iraq's politicians.

But in the end, I fear the lasting legacy will be the horrors inflicted so unnecessarily on the people of the country. A lack of stability, a lack of infrastructure, the fragmentation of a once unified country. Is there more opportunity? Maybe. Is there a better chance for a better Iraq today than in 2002? Hard to say. Even a year ago, maybe, just maybe, it could have been argued that the occupation brought changes that could not otherwise have taken place.

But now, after the winds of change have swept across the Arab World, after Arabs everywhere have stood up and toppled dictators for themselves, it is hard to believe this was the only way.

They is no inevitability to history. The war could have been avoided; the descent into chaos was not the result of one decision, one policy, one person. The failure in Iraq had many fathers.

But as US troops leave Iraq, perhaps they will ponder that it could all have been so different. Iraqis will ponder that too, even as they pick up the pieces of their destroyed nation.

Follow on Twitter: @FaisalAlYafai

THE BIO: Mohammed Ashiq Ali

Proudest achievement: “I came to a new country and started this shop”

Favourite TV programme: the news

Favourite place in Dubai: Al Fahidi. “They started the metro in 2009 and I didn’t take it yet.”

Family: six sons in Dubai and a daughter in Faisalabad

 

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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