Iran: Economy, Politics and Government

Source: Business Intelligence Report : Iran, 2001 , pp. 1-41(41)

Publisher: World of Information

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Abstract:

Mohammad Khatami's second term in office was secured in the June 2001 elections following months fraught with political conflict, both within the Iranian establishment and on the country's streets. However, the rift between liberal reformers and the hard-line clergy looks set to continue. Apart from political liberalisation, the issue that most concerns young Iranians is the country's increasing level of economic hardship. The economy is protected by high external tariffs, price controls, subsidies, a dual exchange rate and a banking system which lacks liquidity. The non-oil sector of the economy is dominated by bonyad (state foundations) which tend to focus less on effective economic management and more on political clientelism. Against this backdrop, attempts to diversify the economy have proved ineffective.

World of Information Business Intelligence Reports allow access to concise, clear coverage of current political and economic developments in over 100 countries. Alongside contributions from journalists and regional experts from around the world, they contain a wide variety of sectoral analysis and background information. Each Report contains an introductory overview commissioned from one of World of Information's network of contributors, an extensive list of key facts and features of the country, including macroeconomic indicators and details regarding national population, labour market and public services. The economy section focuses on monetary, fiscal and trade conditions before analysing sectoral, infrastructure and regulatory developments. Natural resources including agriculture and minerals, industry and service sectors are covered. A five-year table of key indicators invaluable for research into economic trends accompanies the report.

Keywords: addresses; banking; budget; business; cabinet; coal; constitution; currency; election; energy; exchange; exports; external; GDP; growth; hydrocarbons; imports; inflation; infrastructure; interest; international; investment; legislature; manufacturing; mining; ministry; oil; opposition; parliament; party; prime minister; privatisation; relations; reserves; taxation; telecommunications; tourism; transport; welfare; bonyad; ILSA; sanction; embargo; corruption; clientelism; NIOC; NBCI; Petro; Pars

Language: English

Document Type: Review article

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