Trade, Foreign Exchange, and Energy Policies in the Islamic Republic of Iran: Reform Agenda, Economic Implications, and Impact on the Poor
Jesper Rindom Jensen, David G. Tarr
Abstract
Jesper Rindom Jensen, David G. Tarr
Abstract
Reflecting the large initial distortions, trade, exchange rate, and energy reforms could generate large welfare gains for the Islamic Republic of Iran. If combined with direct income payments to all households (not just the poor), the poor would benefit enormously. The authors show that well intentioned policies of commodity subsidies for the poor can have perverse effects
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Reflecting the large initial distortions, trade, exchange rate, and energy reforms could generate large welfare gains for the Islamic Republic of Iran. If combined with direct income payments to all households (not just the poor), the poor would benefit enormously. The authors show that well intentioned policies of commodity subsidies for the poor can have perverse effects
Key concepts: Islamic republic, Islam, Foreign exchange, Economic reform, Political science, Foreign policy, Economic system, Economics