Title: | Iran : economic development under dualistic conditions |
Authors: | Jahangir Amuzegar, Author ; M. Ali Fekrat, Author |
Publisher: | Chicago : University of Chicago Press, 1971 |
Series: | Publications of the Center for Middle Eastern Studies, num. 7 |
ISBN (or other code): | 978-0-226-01754-9 |
Size: | 1 vol. (XIII-177 p.) / 23 cm |
Languages: | English |
Descriptors: |
[Eurovoc] ECONOMICS > economic conditions > economic conditions [Eurovoc] ECONOMICS > economic conditions > economic development [Eurovoc] ENERGY > oil industry > hydrocarbon > petroleum [Eurovoc] ENVIRONMENT > natural environment > natural resources [Eurovoc] GEOGRAPHY > Asia and Oceania > Middle East > Gulf States > Iran |
Tags: | pétrole ; industrie et commerce ; Iran ; petroleum industry and trade ; économie ; conditions économiques ; 1945-1979 ; economic conditions |
Abstract: |
This book is a study of economic development in Iran in the last half-century, and particularly over the past two decades. It not only provides the most up-to-date analysis of the Iranian economy yet published, but also constitutes an important inquiry into the problem of dualistic economies in the contemporary world-economies in which one industry, usually foreign-financed and export-oriented, prospers unusually faster than other traditional sectors and pulls these sectors up by its coattails.
This analysis of Iranian economic progress in the last twenty years presents a synthesis of divergent views as to the chances for general economic development under dualistic conditions. One view holds that economic growth usually emanates from a strategic industry and proceeds on an unbalanced path-no matter whether the industry is privately or publicly financed, domestic or foreign-owned. Another viewpoint claims that foreign investment in extractive industries will not lead to general economic growth because these industries, as a rule, do not become integrated into the host economy. AccordingtoAmuzegar and Fekrat, the key to economic progress under dualistic conditions lies not so much in the national origin of investment, or the extractive nature of the industry, as it does in the size of revenues from the foreign financial operations and the proper allocation of these revenues by the state. In their view, it all depends on how the government succeeds in helping the slow-moving indigenous sectors develop profitable linkages with the leading industry. This study provides some fresh insights into certain basic factors responsible for economic progress in dualistic economies similar to Iran's. Among these factors, major attention is given to the size and composition of foreign exchange receipts as the mainstay of all development efforts; the explicit role and strategy of the government in development planning; the intersectoral flows between oil and other sectors of the economy; and the crucial institutional reforms that precede and accompany economic development. The position of Iran in the world petroleum industry is examined. Achievements and handicaps of the Iranian economy are objectively analyzed, and growing pains and future pitfalls are carefully indicated. On the basis of the Iranian experience, the authors set forth a general model of dualistic economies and suggest some possible paths to general economic progress in these cases. |
Copies (1)
Barcode | Call number | Media type | Location | Section | Status |
---|---|---|---|---|---|
007822 | RC/ASIE 180 | Livre | Centre de documentation du CERDI / Ecole d'Economie | Salle de lecture | Available |