Domestic Economy
0

Critical Moment for Change

The country’s limited foreign relations, lack of investment in expanding those resources along with the rentier system have made the continuity of economic growth based on natural resources an impossible task
Critical Moment for Change
Critical Moment for Change

Economic growth and welfare improvement in Iran in the past few decades have been based on utilization of natural resources, mainly oil resources. Such assets, on the one hand, have enabled governments to put goods and services at the disposal of the public and, on the other hand, created industries based on the country’s privileged access to cheap energy. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com