De Jure and De Facto Power of Oil and Institutional Change in Modern Iran: A Critical Historicism Analysis (1900–1979)

Amir Forouharfar

A chapter in Dynamics of Institutional Change in Emerging Market Economies, 2021, pp 277-306 from Springer

Abstract: Abstract Institutions are organic entities with metamorphosis and evolutionary growth. The chapter spotlights the significance of Iranian oil in modern Iranian institutional change process from its early days in the 1900s to the 1970s while the state had the most petro-rentier budget. Thus, the ever-increasing evolutionary power of oil in forming modern Iranian institutions and its 79-year-old dynamism – embedded and analyzed critically in the Iranian and global historical contexts from the Constitutional Revolution to the 1979/Islamic Revolution – was discussed to shed light on its stupendous catalyzing and transforming features that led to Iran’s urbanization, semi-industrialization, new sociopolitical class generation, state-nation conflicts, and revolution.

Keywords: Institution; Iranian Institutional Change; Iranian Oil; Oil and Power; De Jure Power; De Facto Power; Economic Rent; Rentier State; Critical Historicism (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-030-61342-6_12

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DOI: 10.1007/978-3-030-61342-6_12

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