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Economic Trends and Macroeconomic Policies in Post-Revolutionary Iran

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  • M. Hashem Pesaran

    ()
    (Trinity College, University of Cambridge)

Abstract

This paper reviews some of the main trends in the Iranian economy over the past two decades and discusses the key economic policy issues that divide the reformist from the more conservative factions in Iran. It argues that the economic policy dilemma of whether to liberalize the economy has not gone away and very much lies dormant. For a small open economy such as Iran's operating in an increasingly globalized world economic environment, the neglect of fundamental economic forces in favor of political vested interests can have dire consequences in the long run.

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Bibliographic Info

Paper provided by Economic Research Forum in its series Working Papers with number 9902.

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Length: 21 pages
Date of creation: Jan 1999
Date of revision: Jan 1999
Publication status: Published by The Economic Research Forum (ERF)
Handle: RePEc:erg:wpaper:9902

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Cited by:
  1. Djavad Salehi-Isfahani, 2006. "Revolution and redistribution in Iran: poverty and inequality 25 years later," Working Papers e06-3, Virginia Polytechnic Institute and State University, Department of Economics.
  2. Bonato Leo, 2008. "Money and Inflation in the Islamic Republic of Iran," Review of Middle East Economics and Finance, De Gruyter, vol. 4(1), pages 41-58, January.

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