Institutional Change, Policy Challenges and Macroeconomic Performance: 1979-2004

Hakimian, Hassan

Abstract

This chapter examines the post-revolutionary Iran’s macroeconomic policies and performance in a comparative context appraising it against her past trends and future potential. It argues that two sets of factors have conditioned Iran’s performance and are likely to continue to taint her prospects for sustainable growth into the future. These are: limited economic diversification and continued dependence on the oil sector, on one hand, and the institutional setting in which post-revolutionary economic policies have been formulated and implemented for much of the last three decades, on the other.

Citation

Hakimian, H. (2014). Institutional Change, Policy Challenges and Macroeconomic Performance: 1979-2004. In P. Alizadeh, & H. Hakimian (Eds.), Iran and the Global Economy: Petro Populism, Islam and Economic Sanctions (46-75). Routledge. https://doi.org/10.4324/9781315867205-10

• Publication Date: Jan 1, 2014
• Deposit Date: Oct 21, 2013
• Publisher: Routledge
• Pages: 46-75
• Series Title: The Political Economy of the Middle East and North Africa
• Book Title: Iran and the Global Economy: Petro Populism, Islam and Economic Sanctions.
• ISBN: 9780415505543
• DOI: https://doi.org/10.4324/9781315867205-10