IDEAS home Printed from https://ideas.repec.org/p/imf/imfscr/1998-027.html
   My bibliography  Save this paper

Islamic Republic of Iran: Recent Economic Developments

Author

Listed:
  • International Monetary Fund

Abstract

This paper reviews economic developments in the Islamic Republic of Iran during 1990–96. Iran experienced heightened macroeconomic instability in the first quarter of 1995/96. Among the contributing factors, the announcement by the United States of intensification and extension of sanctions had a pronounced negative impact on expectations. This triggered a run on the foreign exchange market and buying in the goods market. The free market exchange rate shot to Rls 6,200 per US$1 and consumer prices rose by 14 percent during April–May, which raised the 12-month consumer price inflation to 59 percent in May.

Suggested Citation

  • International Monetary Fund, 1998. "Islamic Republic of Iran: Recent Economic Developments," IMF Staff Country Reports 1998/027, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:1998/027
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=2564
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Askari, Hossein & Jaber, Mohamed, 1999. "Oil-exporting countries of the Persian Gulf: What happened to all that money?," Journal of Energy Finance & Development, Elsevier, vol. 4(2), pages 185-218.
    2. Vahabi, Mehrdad, 2006. "Ordres contradictoires et coordination destructive: le malaise iranien [Contradictory orders and detructive coordination: the Iranian disease]," MPRA Paper 13235, University Library of Munich, Germany, revised Sep 2008.
    3. Amin Yousefi-Sahzabi & Kyuro Sasaki & Hossein Yousefi & Yuichi Sugai, 2011. "CO 2 emission and economic growth of Iran," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 16(1), pages 63-82, January.
    4. Mehrdad Vahabi, 2017. "Coercive state, resisting society, political and economic development in Iran," CEPN Working Papers 2017-17, Centre d'Economie de l'Université de Paris Nord.
    5. Vahabi,Mehrdad, 2019. "The Political Economy of Predation," Cambridge Books, Cambridge University Press, number 9781107591370.
    6. Vahabi, Mehrdad, 2006. "Between Social Order and Disorder: The Destructive Mode of Coordination," MPRA Paper 4, University Library of Munich, Germany.
    7. Vahabi, Mehrdad, 2011. "Soft budget constraint and the parastatal sector," MPRA Paper 37926, University Library of Munich, Germany.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfscr:1998/027. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.