• $5.99

Publisher Description

The Iranian economy is facing its bleakest prospects in nearly two decades, with an almost unanimous forecast of low growth, high inflation, and continued double-digit unemployment. These worsening economic conditions, in turn, are likely to place considerable stress on internal politics, leading to strikes, protests and business bankruptcies, and encouraging further emigration and capital flight. Persistent structural weaknesses and the Ahmadi-nejad Administration's gross mismanagement of the economy are largely at fault for the economy's dysfunction, but recent external developments--including Western banks' and industrial companies' reduced exposure to Iran, possible new sanctions and increasing transaction costs--are also damaging the economic climate.

GENRE
Reference
RELEASED
2010
April 2
LANGUAGE
EN
English
LENGTH
5
Pages
PUBLISHER
Iran Times International
SELLER
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
SIZE
60.5
KB

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