Economic Policy

Avoiding a Persian Flavor of Dutch Disease

January 25, 2017 Economic Policy

When sanctions on Iran were lifted, the country moved toward market liberalization. Now pressure on the Iranian Rial is undermining non-oil export sectors as they lose competitiveness both nationally and internationally. If Iran’s economy is to flourish, policy makers will need to embrace a new mix of fiscal, structural and monetary policies.

Ramona Hotz, Josiah Littlehales, Federica Merenda & Roberto Musmeci