Iran, as a country between globalization and isolation, tradition and modernity has had an utmost importance at the international arena. TVs, newspapers, magazines, columnists, journalists, reporters almost all media have been trying to understand, monitor and interpret the developments since the 1979 Islamic Revolution. Recently, this increasing attention has focused almost on the same issues such as nuclear program of Iran, UN sanctions, diplomatic efforts, President Mahmoud Ahmadinejad as a highly controversial figure of Iran. Nevertheless, economic performance of Iran with its cautious approach to globalization has attracted respectively less attention of international media. In this performance, long-lasting subsidies given by the Government of Iran to energy, food and some services have an important role in terms of its effects to country’s budget, monetary policy, development plans and social welfare.

Economic realization of Iran has mostly been dominated by its energy reserves. With its 73.6 million population, $828 billion GDP … Read More

Read More »