Iran and the Global Economy

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This book presents a comprehensive overview of the Iranian economy, considering the full range of key issues, including the oil sector, banks and financial markets, social policies, attempts at reform, and the impact of UN-imposed sanctions. It argues that the success of other developing countries demonstrates that a more open and market driven economy is needed in Iran, that the present government of Mahmoud Ahmadinejad is well-placed politically to implement reforms and is beginning to do so, despite populist rhetoric, but that the prospects for success are severely limited by sanctions and the hostile international political climate.