Domestic Economy

Aftermath of Ignoring Economics  

Aftermath of Ignoring Economics  
Aftermath of Ignoring Economics  

Before weighing the performance of governments, including that of President Ebrahim Raisi in his first year in office, you need to look at their campaign promises and the extent to which they’ve been fulfilled. 
The election promises of Raisi, per se, suffered from stark contradictions with the ground realities, which made their realization impossible, Mousa Ghaninejad, a prominent economist, prefaced his write-up for the Persian economic daily Donya-e-Eqtesad with this note. 
A translation of the text follows: 
First, let’s look at promises pertaining to the relationship between the government and the market. As a candidate, the president promised not to intervene in market mechanisms. He said the government would increase supervision over the market, control prices and reform the pricing system, which could be realized through the delegation of affairs to people. 


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