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Bad Structure + Bad Management = Lousy Economy (Economy: Money and Its Impact)

By Jahangir Amuzegar

Release : 2010-04-02

Genre : Reference, Books, Nonfiction, Social Science

Kind : ebook

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The Iranian economy is facing its bleakest prospects in nearly two decades, with an almost unanimous forecast of low growth, high inflation, and continued double-digit unemployment. These worsening economic conditions, in turn, are likely to place considerable stress on internal politics, leading to strikes, protests and business bankruptcies, and encouraging further emigration and capital flight. Persistent structural weaknesses and the Ahmadi-nejad Administration's gross mismanagement of the economy are largely at fault for the economy's dysfunction, but recent external developments--including Western banks' and industrial companies' reduced exposure to Iran, possible new sanctions and increasing transaction costs--are also damaging the economic climate.

Bad Structure + Bad Management = Lousy Economy (Economy: Money and Its Impact)

By Jahangir Amuzegar

Release : 2010-04-02

Genre : Reference, Books, Nonfiction, Social Science

Kind : ebook

(0 ratings)
The Iranian economy is facing its bleakest prospects in nearly two decades, with an almost unanimous forecast of low growth, high inflation, and continued double-digit unemployment. These worsening economic conditions, in turn, are likely to place considerable stress on internal politics, leading to strikes, protests and business bankruptcies, and encouraging further emigration and capital flight. Persistent structural weaknesses and the Ahmadi-nejad Administration's gross mismanagement of the economy are largely at fault for the economy's dysfunction, but recent external developments--including Western banks' and industrial companies' reduced exposure to Iran, possible new sanctions and increasing transaction costs--are also damaging the economic climate.

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Bad Structure + Bad Management = Lousy Economy (Economy: Money and Its Impact)