This is the first major study of the alternatives confronting Iraq as it seeks to rebuild its vital oil industry while simultaneously constructing a new political system. A key challenge facing the country is to allocate the revenues oil generates in a way that avoids economic and social instability.Reviewing the present status of the industry, the authors – including Clement Henry, Massoud Karshenas, Roger Owen, Mona Said and John Sfakianakis – use comparative analysis to suggest how it might best be rebuilt.Oil and Democracy in Iraq is an important and timely assessment of Iraq’s oil industry.