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Islamic Republic of Iran: Recent Economic Developments

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  • International Monetary Fund

Abstract

The Islamic Republic of Iran inherited a highly centralized economy. The state-owned enterprises had monopolies over large sectors of the economy, including the financial system. This was compounded by Iran's excessive dependence on the volatile oil exports. Iran's five-year development plan aims at accelerating growth to create sufficient employment opportunities for a rapidly expanding labor force. De-monopolizing the economy, liberalizing trade, promoting private investment, strengthening the financial system, and improving the fiscal and monetary policy settings is required.

Suggested Citation

  • International Monetary Fund, 2000. "Islamic Republic of Iran: Recent Economic Developments," IMF Staff Country Reports 2000/120, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2000/120
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=3707
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    Cited by:

    1. Hossein Askari & John Forrer & Hildy Teegen & Jiawen Yang, 2002. "Economic sanctions and US international business interests," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 55(220), pages 55-69.
    2. Amin Yousefi-Sahzabi & Kyuro Sasaki & Hossein Yousefi & Yuichi Sugai, 2011. "CO 2 emission and economic growth of Iran," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 16(1), pages 63-82, January.

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