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Iran's youth should be the sources of economic growth
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Location: Blogs Live Blog! Iran 360˚: Exploring Politics, Economics and Society in a Global Hot SpotLive Blog! Iran 360˚: Exploring Politics, Economics and Society in a Global Hot Spot |
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| Posted by: ICFJ Staff |
4/4/2008 3:14 PM |
Babak Yektafar is speaking on the lost opportunities of Iran's national economy. Referring to Iran as young, vibrant, resourceful society, Babak said such a country should have a 8-10% annual growth, while the true number is half of that.
abak Yektafar is speaking on the lost opportunities of Iran's national economy. Referring to Iran as young, vibrant, resourceful society, Babak said such a country should have a 8-10% annual growth, while the true number is half of that.
Here are some more points mentioned by Babak:
- The elite in the power structure are hesitant of taking risk to push forward with economic reforms in the country.
- the subsidized system of the Iranian economy is a sources of economic corruption in the country.
- Ahmadinejad is not an economist. He run for presidency under the slogan of "justice." His rhetoric was that he wanted to cut the hands of the oil mafia in the country, but certainly he has just attacked the reformists and has made no achievement in fighting such corruption.
- Ahmadinejad's local economic policies are confrontational. Decisions like decreasing interest rates have been resisted by the banks ad has an impact on the functioning of the private banks.
- Ahmadinejad is not the final decision maker but its the Leader who is the ultimate arbitrator. The power structure in the country is more of a flat horizontal structure rather that a vertical or conical structure.
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