Misguided policies rooted in command economy and unscientific ideological approaches are to blame for the economic cul-de-sac in which Iran remains stuck for years; the Iranian government needs to start anew and see the realities as they are.
This was stated by Mousa Ghaninejad, veteran economist and journalist, in an article for the Persian economic daily Donya-e-Eqtesad. A translation of the text follows:
The Ministry of Industries, Mining and Trade has unveiled its goals for the fiscal 2022-23. That’s a commendable practice. Every organization has a mission and goals to achieve; it must employ the right tools and be accountable for its performance.
There are various types of organizations; they should not be simply compared with each other. A private sector-owned enterprise is an organization with specific goals; if the managing directors of these enterprises fail to employ the right tools, they must be accountable to their shareholders. The directors of private sector companies are, in fact, the representatives of shareholders. State-owned companies, however, are not duty-bound to be accountable.
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