Islamic Republic of Iran : Recent Economic Developments.
This paper reviews economic developments in the Islamic Republic of Iran during 1990-96. Iran experienced heightened macroeconomic instability in the first quarter of 1995/96. Among the contributing factors, the announcement by the United States of intensification and extension of sanctions had a pr...
| Autor Corporativo: | |
|---|---|
| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
1998.
|
| coleção: | IMF Staff Country Reports; Country Report ;
No. 1998/027 |
| Acesso em linha: | Full text available on IMF |
| Resumo: | This paper reviews economic developments in the Islamic Republic of Iran during 1990-96. Iran experienced heightened macroeconomic instability in the first quarter of 1995/96. Among the contributing factors, the announcement by the United States of intensification and extension of sanctions had a pronounced negative impact on expectations. This triggered a run on the foreign exchange market and buying in the goods market. The free market exchange rate shot to Rls 6,200 per USD 1 and consumer prices rose by 14 percent during April-May, which raised the 12-month consumer price inflation to 59 percent in May. |
|---|---|
| Descrição do item: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Descrição Física: | 1 online resource (114 pages) |
| Formato: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Acesso: | Electronic access restricted to authorized BRAC University faculty, staff and students |