The Political Economy of a Semi-industrialized Theocratic State: The Islamic Republic of Iran

Frederic L. Pryor

Chapter 11 in The Political Economy of Theocracy, 2009, pp 243-270 from Palgrave Macmillan

Abstract: Abstract Iran has been the only long-lasting, semi-industrialized theocratic state in world history.l This chapter uses the case of Iran to explore three propositions: in major respects the government of a semi-industrialized theocracy is essentially similar to a secular dictatorship, even though its social goals may differ; the government’s institutional and economic policy innovations have been primarily guided, not by Islamic economic doctrines, but by the desire of the top religious leaders to maintain the political power of the clergy over the nation; and the most important unique feature is the guiding of political and economic affairs by dual governmental and clerical hierarchies, which are overlapping and have conflicting interests.

Keywords: Political Economy; International Monetary Fund; Islamic Bank; International Financial Statistics; Iranian Economy (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-62006-3_12

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DOI: 10.1057/9780230620063_12

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