Poor Policy, Not Sanctions, Weaken Iran's Economy
Council on Foreign Relations / Interviewer: Greg Bruno, Staff Writer
01-Apr-2009 (one comment)

With the low price of oil and a global economic crisis eroding Iran's economic growth, some analysts believe the economy will emerge as a political liability for President Mahmoud Ahmadinejad as he seeks reelection in June. This leads some to argue that now is the time for the West to turn up the heat with new sanctions in an attempt to win concessions on Iran's nuclear program. But Djavad Salehi-Isfahani, a professor of economics at Virginia Tech and a former economist at the Central Bank of Iran, says these broad-brush observations miss the subtle realities of Iran's mature, if troubled, economy.

recommended by sarshar45



How stupid

by XerXes (not verified) on

They are not exclusive events. That's the dumbest thing that I have heard today.
If you have to buy a product more expensive because of non availabilities, who is picking up the tap?
If banks can't function and communicate with any other country, who has to pay the cost?
Who is paying for the "extra" cost?
Mismanagement is there, it has been there at least since the Ghajar era. We know that for a fact. The economy however doesn't function as a singular unit. If the hassles that the United States has caused for Iran were to be reversed back to the United States. The Country would fall to pieces. Who is paying that huge cost in Iran? These are costs, and they need to be taken in to account, besides the existing mismanagement.
Let's assume that the management is perfect, How would these sanctions hurt? Or is the argument based on the idea that it would not have?
Do I make my case clear here?
Not only I would say the sanctions has hurt the Iranian people the most, but also I would claim that the United States would have not been able to survive if the same set of sanctions were to be implemented to this economic giant. Take that Mr. Salehi. You are obviously working for a specific party in the United States.

I hate those people, be it American or Iranian, that empty their shoulders from responsibilities. US has hurt the Iranian people greatly in the last thirty years. Physically hurt them, and now idiots such as this clown claims that it's not the sanction? Spit of intelligence to his face.