Structural Adjustment and the Iranian Economy

Massoud Karshenas

Chapter 11 in Economic Challenges Facing Middle Eastern and North African Countries, 1998, pp 202-224 from Palgrave Macmillan

Abstract: Abstract Over the past twenty years Iran’s relative ranking in the world economy has declined considerably. Comprehensive institutional reform is essential if this process of economic retrogression is to be reversed and sustainable growth achieved. This chapter identifies the needed reforms by studying the ill-fated reforms of the First Five-Year Plan. Contrary to the claim frequently made by critics of economic reform, Iran’s current economic problems are not due to the excesses of economic liberalization and price adjustments under the plan, but rather to the reforms not being sufficiently far-reaching. A number of complementary institutional reforms are suggested as neccessary prerequisites for the success of any future price reform and liberalization program.

Keywords: Exchange Rate; Gross Domestic Product; Foreign Exchange; Real Exchange Rate; Real Wage (search for similar items in EconPapers)
Date: 1998
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-26124-6_11

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349261246

DOI: 10.1007/978-1-349-26124-6_11

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().