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Remedy for Inflation Control

Remedy for Inflation Control
Remedy for Inflation Control

Containment of inflation is one of the main concerns of policymakers and economists in all societies, as it affects other economic and social variables. 
In Iran, curbing inflation was one of the top goals of all six five-year development plans implemented after the 1979 Islamic Revolution; the new Iranian year [started March 21] has also been named after this issue. However, after the revolution, the inflation rate has been unremittingly in the double-digit territory and increasing (except for a couple of years), Morteza Afqeh, an economist, prefaced his write-up for the Persian daily Donya-e Eqtesad with this note. A translation of the text follows: 
Several reasons might be behind the failure to control inflation and maintain economic growth over the past many years. Some of them are the country’s anti-production and anti-development policies and structures, and others are the outcome of instabilities and tensions in foreign relations. 

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