The Great Inflation
The Great Inflation

Author: Michael D. Bordo

Publisher: University of Chicago Press

Published: 2013-06-28

Total Pages: 545

ISBN-13: 0226066959

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Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.

Oil, State and Industrialization in Iran
Oil, State and Industrialization in Iran

Author: Massoud Karshenas

Publisher: CUP Archive

Published: 1990-09-28

Total Pages: 336

ISBN-13: 9780521383516

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An examination of the problems of economic growth and structural change in oil-exploring economies which focuses on the experience of Iran. The author argues that oil income can make a substantial contribution to industrial growth, subject to the adoption of appropriate policy measures.

The Age of Aryamehr
The Age of Aryamehr

Author: Roham Alvandi

Publisher: Gingko Library

Published: 2018-07-15

Total Pages: 409

ISBN-13: 1909942197

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Fully incorporates Pahlavi Iran into the global history of the 1960s and ’70s, when Iran mattered far beyond its borders. The reign of the last Shah of Iran, Mohammad Reza Pahlavi (1941–79), marked the high point of Iran’s global interconnectedness. Never before had Iranians felt the impact of global political, social, economic, and cultural forces so intimately in their national and daily lives, nor had Iranian actors played such an important global role – on battlefields, barricades, and in board rooms far beyond Iran’s borders. Iranian intellectuals, technocrats, politicians, workers, artists, and students alike were influenced by the global ideas, movements, markets, and conflicts that they also helped to shape. From the launch of the Shah’s White Revolution in 1963 to his overthrow in the popular revolution of 1978–79, Iran saw the longest period of sustained economic growth that the country had ever experienced. An entire generation took its cue from the shift from oil consumption to oil production to dream of, and aspire to, a modernized Iran, and the history of Iran in this period has tended to be presented as a prologue to the revolution. Those histories usually locate the political, social, and cultural origins of the revolution firmly within a national context, into which global actors intruded as Iranian actors retreated. While engaging with that national narrative, this volume is concerned with Iran’s place in the global history of the 1960s and ’70s. It examines and highlights the transnational threads that connected Pahlavi Iran to the world, from global traffic in modern art and narcotics to the embrace of American social science by Iranian technocrats and the encounter of European intellectuals with the Iranian Revolution.

The Economic Consequences of the Gulf War
The Economic Consequences of the Gulf War

Author: Kamran Mofid

Publisher: Routledge

Published: 2005-10-26

Total Pages: 200

ISBN-13: 1134939655

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The Iran-Iraq War were one of the longest and most devastating uninterrupted wars amongst modern nation states. It produced neither victor nor vanquished and left the regimes in both countries basically intact. However, it is clear that the domestic, regional and international repercussions of the war mean that 'going back' is not an option. Iraq owes too much to regain the lead it formerly held in economic performance and development levels. What then does reconstruction mean? In this book, Kamran Mofid counteracts the scant analysis to date of the economic consequences of the Gulf War by analysing its impact on both economies in terms of oil production, exports, foreign exchange earnings, non-defence foreign trade and agricultural performance. In the final section, Mofid brings together the component parts of the economic cost of the war to assign a dollar value to the devastation.

Economic Policy and the Great Stagflation
Economic Policy and the Great Stagflation

Author: Alan S. Blinder

Publisher: Elsevier

Published: 2013-09-11

Total Pages: 244

ISBN-13: 1483264564

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Economic Policy and the Great Stagflation discusses the national economic policy and economics as a policy-oriented science. This book summarizes what economists do and do not know about the inflation and recession that affected the U.S. economy during the years of the Great Stagflation in the mid-1970s. The topics discussed include the basic concepts of stagflation, turbulent economic history of 1971-1976, anatomy of the great recession and inflation, and legacy of the Great Stagflation. The relation of wage-price controls, fiscal policy, and monetary policy to the Great Stagflation is also elaborated. This publication is beneficial to economists and students researching on the history of the Great Stagflation and policy errors of the 1970s.

Dynamics of Change in the Persian Gulf Political Economy, War and Revolution
Dynamics of Change in the Persian Gulf Political Economy, War and Revolution

Author: Anoushiravan Ehteshami

Publisher: Routledge

Published: 2013

Total Pages: 306

ISBN-13: 0415657571

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The Persian Gulf has come to represent one of the most strategically significant waterways of the world. In terms of geography, geopolitics, resources, global political economy, and regional influence, the Gulf is perhaps home to the world's most significant group of countries. Focusing on the complexities of the interplay between domestic-level changes and region-wide interactions, this book presents the reader with the first comprehensive survey of the dynamics of change in this crucial area. Systemic-oriented in its approach, the impact of war and revolution on the countries of the sub-region is discussed, and the ways in which these factors have shaped the security dilemmas and responses of the Gulf States is also explored. The role of oil is examined in terms of the impact of its income on these states and societies, and the manner in which oil has shaped the integration of these states into the global system. Oil has shrunk developmental time in these countries, and has accelerated generational shift. At the same time, it has created the dialectical relationship which now characterizes the difficult balance between prosperity and instability which is at the heart of the sub-region. Casting new light on the workings of a strategically significant part of the international system, this book will be an essential resource for students and scholars of international relations, international security and Middle Eastern politics.

The Political Environment Of Economic Planning In Iran, 1971-1983
The Political Environment Of Economic Planning In Iran, 1971-1983

Author: Hossein Razavi

Publisher: Routledge

Published: 2019-07-09

Total Pages: 194

ISBN-13: 1000232719

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The Political Environment of Economic Planning in Iran, 1971-1983: From Monarchy to Islamic Republic Hossein Razavi and Firouz Vakil Based on both research and first-hand experience, this book provides a politico-economic analysis of the operation of Iran's economy before and after the revolution of February 1979. The authors discuss the function and effectiveness of economic planning during the shah's tenure and relate the shortcomings of plan preparation and implementation to the explosive psycho-economic instability of the regime. They then discuss the institutional problems that the revolutionary regime has been facing in operating the economy and foresee the possible consequences of its failure to appropriately deal with these problems. Finally, analyzing the economic postures of important opposition groups, the authors outline future prospects for economic planning in Iran.

Iran Reconsidered
Iran Reconsidered

Author: Suzanne Maloney

Publisher: Geopolitics in the 21st Centur

Published: 2021-01-26

Total Pages: 270

ISBN-13: 9780815728245

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The Islamic Republic has been struggling to reform itself for 25 years and each time the experiment has gone awry. Iran's revolutionary theocracy has evolved, but the most problematic aspects of its ideology and institutions have managed to endure since 1979. Can the Iran Nuclear Deal, an agreement crafted through intense dialogue with an old adversary, alter the essence of the Islamic Republic and its turbulent relationship with the world? In Iran Reconsidered: The Nuclear Deal and the Quest for a New Moderation Suzanne Maloney argues that the nature of the Islamic Republic amplifies the threat posed by its nuclear ambitions and animates the most tenacious opponents of the deal. For that reason, the fierce debate that has erupted in Washington over the deal hinges on the prognosis for Iran's future.

The Persian Gulf
The Persian Gulf

Author: Bruce H. Purser

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 470

ISBN-13: 3642655459

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This volume, although not an integrated synthesis, treats most aspects of Holocene sedimenta tion and diagenesis in the Persian Gulf, grouping 22 contributions under a single cover and in one language. Because these sediments and diagenetic minerals are comparable to those existing in many ancient sedimentary basins, their appraisal should be of value to the enlarging group of workers who interpret ancient sedimentary rocks. The essential morphological, climatic and oceanographic factors determining Holocene sedimen tation and diagenesis in the Persian Gulf are summarized in the introductory article by PURSER and SEIBOLD. These environmental controls and the overall morphology of the Persian Gulf have much in common with Shark Bay, Western Australia, described by LOGAN et al. (1970). On the other hand, the Persian Gulf is markedly different from the better known Florida and Bahamian prov inces; the floor of the Persian Gulf is gently inclined from continental shoreline to bathymetric axis (80-100 m); the Bahamian province, on the other hand, is horizontal and extremely shallow (2-10 m), with very sharply defined shelf edges surrounded by deep oceanic waters. These contrast ing architectural styles are related to different tectonic frames.

The Political Economy of Iran
The Political Economy of Iran

Author: Farhad Gohardani

Publisher: Springer

Published: 2019-03-07

Total Pages: 356

ISBN-13: 3030106381

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This study entails a theoretical reading of the Iranian modern history and follows an interdisciplinary agenda at the intersection of philosophy, psychoanalysis, economics, and politics and intends to offer a novel framework for the analysis of socio-economic development in Iran in the modern era. A brief review of Iranian modern history from the Constitutional Revolution to the Oil Nationalization Movement, the 1979 Islamic Revolution, and the recent Reformist and Green Movements demonstrates that Iranian people travelled full circle. This historical experience of socio-economic development revolving around the bitter question of “Why are we backward?” and its manifestation in perpetual socio-political instability and violence is the subject matter of this study. Michel Foucault’s conceived relation between the production of truth and production of wealth captures the essence of hypothesis offered in this study. Foucault (1980: 93–94) maintains that “In the last analysis, we must produce truth as we must produce wealth; indeed we must produce truth in order to produce wealth in the first place.” Based on a hybrid methodology combining hermeneutics of understanding and hermeneutics of suspicion, this monograph proposes that the failure to produce wealth has had particular roots in the failure in the production of truth and trust. At the heart of the proposed theoretical model is the following formula: the Iranian subject’s confused preference structure culminates in the formation of unstable coalitions which in turn leads to institutional failure, creating a chaotic social order and a turbulent history as experienced by the Iranian nation in the modern era. As such, the society oscillates between the chaotic states of socio-political anarchy emanating from irreconcilable differences between and within social assemblages and their affiliated hybrid forms of regimes of truth in the springs of freedom and repressive states of order in the winters of discontent. Each time, after the experience of chaos, the order is restored based on the emergence of a final arbiter (Iranian leviathan) as the evolved coping strategy for achieving conflict resolution. This highly volatile truth cycle produces the experience of socio-economic backwardness and violence. The explanatory power of the theoretical framework offered in the study exploring the relation between the production of truth, trust, and wealth is demonstrated via providing historical examples from strong events of Iranian modern history. The significant policy implications of the model are explored. This monograph will appeal to researchers, scholars, graduate students, policy makers and anyone interested in the Middle Eastern politics, Iran, development studies and political economy.