Recurrence in Iran’s economy emanates from the cognitive mindset of policymakers and the cyclical priorities of the establishment in its interactions with the world. In order to see what risks investors will face in the new Iranian year (started March 21), the best way is to see the repetition of these patterns and its impact on the economy.
Morteza Imanirad, an economist, discussed the patterns and cognitive mindsets behind these policies in a write-up for the Persian daily Donya-e-Eqtesad. A translation of the text follows:
Speculators invest mostly in the gold, currency, land and housing markets, as well as the stock market.
Too much emphasis on ideological patterns in the economy and the changeability of these patterns are the main source of cognitive patterns in Iran’s economy.
Add new comment