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A Political Economy Analysis of Changes and Continuities in Iran-Africa Trade Relations: A Case of South-South Dependency?

Author

Listed:
  • Eric Lob

    (Florida International University)

  • Hakan Yilmazkuday

    (Department of Economics, Florida International University)

Abstract

This paper provides a political economy analysis of the bilateral trade relations and patterns of exchange that existed between Iran and Sub-Saharan Africa (SSA) from 1962 to 2021. The paper contributes to the growing literature on Iran-Africa relations by empirically delineating not just the changes, but also the continuities between Iran and its African trading partners before and after the Iranian Revolution. It also adds nuance to the broader scholarship on South-South cooperation by showing the disparity between the rhetoric of South-South solidarity and reciprocity between Iran and SSA, on one side, and their low and fluctuating trade volumes, on the other. These volumes resulted from historical inertia or path dependency and structural factors, including trade complementarities and geopolitical conditions, more than demographic, cultural or religious realities. They were also shaped by the agency and decision-making of Iranian and African leaders and officials regarding the extent to economically engage with each other.

Suggested Citation

  • Eric Lob & Hakan Yilmazkuday, 2024. "A Political Economy Analysis of Changes and Continuities in Iran-Africa Trade Relations: A Case of South-South Dependency?," Working Papers 2405, Florida International University, Department of Economics.
    • Handle: RePEc:fiu:wpaper:2405
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    File URL: https://economics.fiu.edu/research/working-papers/2024/2405.pdf
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Iran; Prebisch-Singer Hypothesis; South-South Cooperation; Sub-Saharan Africa; Trade Patterns;
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