Domestic Economy

Private Firms Grapple With Systemic Barriers

With the start of the Iran-Iraq War (1980s), circumstances dictated the move toward governmentalization, which has only gained pace and created uncertainty for private firms
Private Firms Grapple With Systemic Barriers
Private Firms Grapple With Systemic Barriers

A significant number of private owners and managers of financial, industrial and commercial firms are watching in dismay, as their businesses are falling apart at warp speed. 
Governmental and semi-governmental firms are in less disarray because of the support of the government and its subsidiaries. They too are facing uncertainty.
In an attempt to shed light on the state of non-governmental firms in Iran, Hossein Salah-Varzi, vice president of Iran Chamber of Commerce, Industries, Mines and Agriculture, recently wrote an opinion piece for the Persian weekly Tejarat-e-Farda. What follows is a condensed translation of his piece.
The reasons behind the current state of Iranian firms, particularly non-rent-seeking ones, can only be found through expert analysis. One such analysis is provided below:


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