IMF Staff Country Reports

Islamic Republic of Iran: Recent Economic Developments

September 29, 2000

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Islamic Republic of Iran: Recent Economic Developments, (USA: International Monetary Fund, 2000) accessed November 21, 2024

Summary

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.

Subject: Exports, External debt, Foreign exchange, Imports, International trade, Oil exports

Keywords: Broad money, Capital goods, CR, Current account, East Asia, Excess reserves, Exchange rate, Export rate, Exports, Factor cost, Global, Imports, Inflation rate, ISCR, Long-term debt, Market price, Oil exports, Private sector, Short-term debt, South Asia, TSE market, TSE rate

Publication Details

  • Pages:

    149

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2000/120

  • Stock No:

    1IRNEA0012000

  • ISBN:

    9781451818925

  • ISSN:

    1934-7685