New Release: The Iranian Revolution and the Economy

Ahram Online , Tuesday 28 May 2013

The new book monitors the stances and position of the Iranian political elites and its policies in managing the national economy since the breakout of the Iranian revolution in 1979

Al-thawra Al-Islamia wa Al-iqtisad (The Islamic Revolution and Economy) by: Oulili Bisaran. Trans: Magdy Sobhy, Cairo: Tanweer. 2013.

This new book monitors the stances and position of the Iranian political elites and its policies in managing the national economy since the breakout of the Iranian revolution in 1979 to present day.

It covers the development of the Iranian economy and foreign investments since the writing of the Iranian Islamic constitution as well as Iranian presidents' political stances towards those investments.

The author notes the historical hostility of the Iranian Islamic regime towards Western capitalism and foreign investments, helping make the case that this sensitivity was created since Britain monopolised many Iranian goods and earned mass gains during the imperial era at the expense of Iranians.

The writer concludes that the political economics of the Iranian regimes has been disputed between a conservative team that promotes the complete domination of the state over the economy and a liberal current that sees that it is necessary to cautiously open the Iranian economy to the world economy.

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