A UN report fails to mention US occupation in Iraq as the casue of decline... 
Instaed it had this to say:

Impact of Conflict on Unemployment in Iraq
 
Damages caused by insurgents and the lack of new investment affected adversely 
most productive sectors, particularly in high violence regions.
Iraq faces serious socioeconomic problems as a result of growing unemployment.
The loss of jobs, low rates of investment, and internal displacement lead to 
instability in the Iraqi labor force.
4.      The cause-effect relationship between unemployment, poverty, and 
violence creates a vicious circle. Unemployment leads to delinquency, which in 
turn decreases investment. This leads to less demand for labor, causing more 
unemployment, and consequently further increase in delinquency. Such a 
situation has direct effect on the general psychology of the average 
population. A feeling of uncertainty hovers above the country, creating a 
growing inactive class. Most ominously, this inactive class has disregarded the 
idea of seeking a job for three main reasons: the political-sectarian 
situation, the lack of security, and psychological disturbances.
 
Psychological disturbances have a major impact on the non-working class, 
especially among the youth. Many youngsters are not attending schools anymore, 
and adolescents are not seeking higher education. This issue is very critical 
since it has a major impact on the nature of the future labor force in Iraq. If 
this trend persists, the reduction in illiteracy rates witnessed over the past 
two decades would reverse. This will eventually lead to more poverty and more 
delinquency, leading to an economic crisis.


 
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