Changing Course on Economy in Iran

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by Djavad Salehi-Isfahani On October 13, Iran’s parliament approved the July 14 nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), and the Council of Guardians granted final approval a day later. The parliament proceedings were heated. One… Continue Reading  

Iran’s Economy after the Nuclear Deal

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by Djavad Salehi-Isfahani The critics of the Joint Comprehensive Plan of Action (JCPOA) signed last week between the Western powers and Iran cite the potential benefits of the agreement for Iran as the main reason why it is bad for… Continue Reading  

How Sanctions Relief Can Help and Hurt the Iranian Economy

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by Djavad Salehi-Isfahani Removal or relaxation of international sanctions will benefit Iran’s economy just as surely as they hurt it when they were imposed. But not all sanctions have the same effect, and removing some will have a faster impact… Continue Reading  

Economics Will Decide the Fate of the Iran Deal

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by Djavad Salehi-Isfahani Israeli prime minister Benjamin Netanyahu has a terrible record in predicting the future of Iran’s nuclear programme, but it’s hard to argue with his suggestion that last week’s accord between Iran and the P5+1 countries will “bolster Iran’s… Continue Reading  

Is Iran’s Rial in Free Fall?

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by Djavad Salehi-Isfahani The decision announced last Monday in Vienna to extend the talks aimed at a compressive agreement on Iran’s nuclear program for an additional seven months has resulted in Iran’s currency taking dive. In one week, the rial lost… Continue Reading