Donald Trump belongs to the system that believes in and gives rise to the super-rich. He is someone who has been in the news for decades and whose success in business is what most Americans dream…

The concept of diminishing utility of wealth is central in economics. Basically it means every additional dollar brings less pleasure than the one before it. More recent theories evaluate each…

The world is facing an undeniably high level of uncertainty and oil price is just one of the unknown variables that impacts the future global outlook.

Investors and analysts are…

The 42-day delay before the government submitted the draft of the 2016-17 budget to the parliament attracted little attention in the spate of good news triggered by the removal of international…

As Iran gets ready for a period of normalcy after the lifting of international sanctions later this week, the key private sector Tehran Chamber of Commerce is busy holding a series of meetings to…

What is going on in Tehran’s property market? Would it be fair enough to claim that this once vibrant sector of the economy is finally out of the woods?

Iran is facing a mountain of government debt estimated at 5,400 trillion rials ($179.2 billion), according to the Economy Minister Ali Tayyebnia. The figure is almost six times the accessible…

A little over two months ago the government unveiled an incentive package to stimulate the economy and ease the recession.  The plan was designed after the nuclear agreement with the six…

For Iranians it is pretty normal to see a difference in inflation rates declared by the Statistical Center of Iran and the one announced by Central Bank of Iran.

The Federal Reserve raised interest rates for the first time in nine years on the expectation of a healthy US economy experiencing 2.2% growth. While the Fed is more than happy with unemployment…

It appears that the government in Tehran seems to be moving from the path of overconfidence, due largely to the more than expected decline in inflation and the July nuclear deal with the six world…

The official exchange rate of the US dollar having crossed the 30,000-rial barrier is evaluated as a positive sign more so because the market exchange rate is experiencing an upward move.

The Central Bank of Iran has, for now, put on hold a further cut in the interest rate. The decision, though not unexpected, has led to renewed debates and discussion among economists and…

With the benefit of hindsight, it should be said that oil prices plummeting to historic lows is not all gloom and doom.

The declining pattern that started from the summer of last year has…

Why do economic policies have adverse effects?  This question has engaged the minds of almost all concerned people over many years.

A constructive answer should convince free market…

As far as the money market is concerned, interest rate higher than the equilibrium rate means the real money supply exceeds real money demand. In other words, the amount of money people and…

United Nations Conference on Trade and Development publishes an annual report called the World Investment Report focusing on trends in foreign direct investment. According to its 2015 report…

Capital market experts express concerns over the poor state of Tehran Stock Exchange, even after the government unveiled the stimulus package.

Iran’s lack of an integrated debt market is considered as a major obstacle to growth by experts who see the debt market as the best available recourse to raise money when the economy is under…

When recession hits hard, economists from different schools waste little time in demanding government intervention. Here, however, the neoclassical economists are the exception, as they believe…

With time and consequences, the economic landscape in Iran has changed, some would say almost completely. Thanks to the international agreement to close the nuclear dossier once and for all, the…

Angus Deaton won the 2015 Nobel Prize in economics for his contribution to development economics and consequently development in economics.  The British-born Princeton professor received the…

In light of the nuclear agreement between Iran and the six world powers (aka the Joint Comprehensive Plan of Action), Iranians obviously have high expectations from the deal.  The hope for…

As relations with the West improve slowly, Iranian banks are poised to resume their overseas activities.  The Persia International Bank was established in 2002 following the merger of London…

The Iran-Korea business conference at the weekend focused on introducing new opportunities in Iran. The event was one in several recent gatherings as an increasing number of foreign businesses and…