Bericht

The Iranian Economy: Challenges and Opportunities

The Iranian economy has greatly benefited from the lifting of international sanctions in 2016, when the JCPOA nuclear deal came into force. Oil production and exports rebounded strongly, which spilled over into non-oil sectors. However, the economy is yet to return to its 1976 peak in real per capita GDP terms, reflecting numerous challenges over the past four decades, including poor policy choices and the fallout from persistent conflict with the US. This report presents a broad overview of the Iranian economy, and identifies the main challenges to long-run economic development, including in foreign trade and investment, fiscal, monetary and exchange rate policy, and the institutional environment. It concludes that an already difficult situation for Iranian policy-makers will be exacerbated by the US decision to pull out of the JCPOA, and the introduction of new sanctions.

Sprache
Englisch

Erschienen in
Series: wiiw Research Report ; No. 429

Klassifikation
Wirtschaft
Institutions and the Macroeconomy
Fiscal Policy
Trade: Other
Foreign Exchange
International Conflicts; Negotiations; Sanctions
Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Other Economic Systems: Political Economy; Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
Thema
Iran
European Union
international trade
foreign direct investment
macroeconomic environment
privatisation
political economy of sanctions

Ereignis
Geistige Schöpfung
(wer)
Astrov, Vasily
Ghodsi, Mahdi
Grieveson, Richard
Stehrer, Robert
Ereignis
Veröffentlichung
(wer)
The Vienna Institute for International Economic Studies (wiiw)
(wo)
Vienna
(wann)
2018

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Bericht

Beteiligte

  • Astrov, Vasily
  • Ghodsi, Mahdi
  • Grieveson, Richard
  • Stehrer, Robert
  • The Vienna Institute for International Economic Studies (wiiw)

Entstanden

  • 2018

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