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

In: Dynamics of Institutional Change in Emerging Market Economies

Author

Listed:
  • Amir Forouharfar

    (University of Sistan and Baluchestan)

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.

Suggested Citation

  • Amir Forouharfar, 2021. "De Jure and De Facto Power of Oil and Institutional Change in Modern Iran: A Critical Historicism Analysis (1900–1979)," Contributions to Economics, in: Nezameddin Faghih & Ali Hussein Samadi (ed.), Dynamics of Institutional Change in Emerging Market Economies, pages 277-306, Springer.
    • Handle: RePEc:spr:conchp:978-3-030-61342-6_12
    DOI: 10.1007/978-3-030-61342-6_12
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