Contemporary Iran: Economy, Society, Politics by Ali Gheissari

By Ali Gheissari

Iran is a key participant in the most an important problems with our time. yet as a result of its relative diplomatic isolation and the partisan nature of conflicting bills voiced through diversified curiosity teams either inside and out the rustic, there's a scarcity of tough information regarding the dimensions and intensity of social swap in state-of-the-art Iran. during this quantity, and enforcing roster of either the world over popular Iranian students and emerging younger Iranian teachers provide contributions--many according to contemporary fieldwork--on the character and evolution of Iran's financial system, major facets of Iran's altering society, and the dynamics of its household and overseas politics because the 1979 revolution, focusing relatively at the post-Khomeini interval. The publication can be of serious curiosity not just to Iran experts, but in addition to students of comparative politics, democratization, social switch, politics within the Muslim global, and heart japanese reviews.

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Until 2002, except for a brief and disastrous period in 1993, multiple rates were used to sell foreign currency to importers. The mechanism was necessarily subject to political influence, and powerful foundations, such as Bonyad mostazafan, or businesses with good connections to centers of political power, could enjoy lower rates, giving them a huge advantage in the market. However, it is still uncertain how long this unified system will last. Only with time (and other reforms that reduce arbitrary economic power) will confidence in the foreign exchange system increase.

Source: World Bank (2003c), Penn World Tables, and Central Bank of Iran, Annual Reports. 1. National income accounts (1997 billion rials and percent shares). S. dollars, divide by 880 (see World Bank WDI). Source: Central Bank 2003a, 2003c. 12 ECONOMY of the GDP, and one-third was in industry (excluding oil and gas), with a GDP share of 23 percent. 5 percent of investment was in oil and gas, with a GDP share of 10 percent. Public investment historically has been dominant in Iran. In the 1970s, it exceeded private investment, but in the postwar reform and reconstruction era it fell short of private investment.

President Ahmadinejad’s adminstration has preferred to contain energy subsidies by gasoline rationing rather than increase energy prices. 2. Government budget (current billion rials). 0 a 2003 is approved budget; “Other Revenue” which is much larger than before includes energy subsidies. Source: Central Bank (2003a), (2003c). significantly, was not a policy for the long run, so the issue of what to do with energy subsidies remains unresolved after a decade of public discussion. The role of tax revenues in funding government operations has decreased as oil revenues have risen.

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