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The Struggle to Make Welfare Make Sense in the Islamic Rep (Economy: Money and Its Impact)

By Jahangir Amuzegar

Release : 2010-07-09

Genre : Reference, Books, Nonfiction, Social Science

Kind : ebook

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The Islamic Republic has since its birth been an unabashed welfare state subsidizing some 16 different goods and services. Gasoline, natural gas, electricity, and water have been sold to the public and businesses at a fraction of their average world prices, and even far below cost. As a result, in the last 30 years per capita energy consumption has increased five times while population has only doubled. The current consumption rate is estimated to be 15 times that of Japan, 10 times that of the European Union, and eight times that of the U.S.

The Struggle to Make Welfare Make Sense in the Islamic Rep (Economy: Money and Its Impact)

By Jahangir Amuzegar

Release : 2010-07-09

Genre : Reference, Books, Nonfiction, Social Science

Kind : ebook

(0 ratings)
The Islamic Republic has since its birth been an unabashed welfare state subsidizing some 16 different goods and services. Gasoline, natural gas, electricity, and water have been sold to the public and businesses at a fraction of their average world prices, and even far below cost. As a result, in the last 30 years per capita energy consumption has increased five times while population has only doubled. The current consumption rate is estimated to be 15 times that of Japan, 10 times that of the European Union, and eight times that of the U.S.

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The Struggle to Make Welfare Make Sense in the Islamic Rep (Economy: Money and Its Impact)

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