Iran's Economy Under the Islamic Republic

Front Cover
I.B.Tauris, Dec 31, 1997 - Business & Economics - 420 pages
Since the 1979 revolution, the Islamic Republic of Iran has grappled with the problems of running the complex, rapidly changing economy inherited from the Shah, under an Islamic banner. Castigating the ancien regime for establishing a consumerist, dependent economy along Western lines, the theocratic regime has tried to create an Islamic economic framework on the basis of independence, self-sufficiency and distributional justice. Faced with the difficulties of managing an oil-based and export-led economy within this narrow framework, the government has encountered numerous problems and has had to reverse its course in many areas. The result has been a rudderless economy, attempting to combine Islamic orthodoxy with the exigencies of the dominant international system of global free enterprise.
 

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Contents

The Iranian economy on the eve of the revolution
3
The Islamic Republics Politicoeconomic Agenda
13
VI
29
National output and income
43
Population labor force and employment
61
Wages prices and inflation
70
National budget and fiscal policy
85
Banking and monetary policy
105
farming fisheries and forestry
177
manufacturing
195
oil gas and petrochemicals
229
The economys balance sheet
269
From revolutionary slogans to economic reality
310
Conclusion
327
Tables
360
Select bibliography
404

Planning and development policy
125
Foreign trade and exchange policy
140

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