In this comprehensive account of Iran's economic development since the 1979 revolution Professor Amuzegar examines how the Islamic economic model was established and developed in Iran. He surveys agriculture, the oil sector and industry across a wide spectrum. The book contains new information on economic trends and on the government's fiscal, monetary and exchange-rate policies, and sets overall performance in the context of initial intentions.
Part I Introduction - the Iranian economy on the eve of the revolution. Part II The Islamic Republic's politico-economic agenda: the search for an Islamic economic order; the ideological framework of the economy. Part III Macro-economic trends: national output and income; population, labor force, and employment; wages, prices and inflation. Part IV National economic policies: national budget and fiscal policy; banking and monetary policy; planning and development policy; foreign trade and exchange policy. Part V Main economic sectors: agriculture - farming, fisheries and forestry; industry and related services - manufacturing, construction, water and power, transport and communications; hydrocarbons - oil, gas and petrochemicals. Part VI Performance and prospects: the economy's balance sheet; from revolutionary slogans to economic reality.