Trade Foreign Exchange And Energy Policies In The Islamic Republic Of Iran
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Trade, Foreign Exchange, and Energy Policies in the Islamic Republic of Iran by Jesper Bo Jensen,David G. Tarr Pdf
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.
Trade, Foreign Exchange, and Energy Policies in the Islamic Republic of Iran by Jesper Jensen,David Tarr Pdf
The Islamic Republic of Iran has committed itself to substantial trade and market reform in its Third Five-Year Development Plan. It started out with nontariff barriers on all products, a dual exchange rate regime with the market rate more than four times the official rate, and domestic energy subsidies equal to about 90 percent of the cost of energy products. Many of these policies were justified as helping the poor. To analyze the effect of the reforms, separately and together, the authors develop a multisector computable general equilibrium model with 10 rural and 10 urban households. They find that the combined reforms could generate welfare gains equal to about 50 percent of aggregate consumer income. These gains reflect the large initial distortions-for example, energy subsidies equal to about 18 percent of GDP, and retail energy prices equal to about 10 percent of world market prices. Separately, trade reform would lead to gains of about 5 percent of income, exchange rate reform to gains of 7 percent of income, and energy pricing reform to gains of 33 percent of income. The authors' results show that well-intentioned commodity subsidy policies for the poor can have perverse effects. Direct income payments to all households (not just the poor) would vastly increase the incomes of the poor compared with the status quo. Moreover, if the combined reforms were implemented, the poorest rural household would receive gains equal to about 290 percent of its income, and the poorest urban household gains equal to about 140 percent of its income.
Trade, Foreign Exchange, and Energy Policies in the Islamic Republic of Iran by David G. Tarr Pdf
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.The Islamic Republic of Iran has committed itself to substantial trade and market reform in its Third Five-Year Development Plan. It started out with nontariff barriers on all products, a dual exchange rate regime with the market rate more than four times the official rate, and domestic energy subsidies equal to about 90 percent of the cost of energy products. Many of these policies were justified as helping the poor. To analyze the effect of the reforms, separately and together, Jensen and Tarr develop a multisector computable general equilibrium model with 10 rural and 10 urban households. They find that the combined reforms could generate welfare gains equal to about 50 percent of aggregate consumer income. These gains reflect the large initial distortions - for example, energy subsidies equal to about 18 percent of GDP, and retail energy prices equal to about 10 percent of world market prices. Separately, trade reform would lead to gains of about 5 percent of income, exchange rate reform to gains of 7 percent of income, and energy pricing reform to gains of 33 percent of income.The authors' results show that well-intentioned commodity subsidy policies for the poor can have perverse effects. Direct income payments to all households (not just the poor) would vastly increase the incomes of the poor compared with the status quo. Moreover, if the combined reforms were implemented, the poorest rural household would receive gains equal to about 290 percent of its income, and the poorest urban household gains equal to about 140 percent of its income.This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to assess the impact of trade policy reform on the poor.
Author : International Monetary Fund Publisher : International Monetary Fund Page : 101 pages File Size : 48,9 Mb Release : 2007-03-01 Category : Business & Economics ISBN : 9781589064416
Islamic Republic of Iran by International Monetary Fund Pdf
Iran has received much attention from a geopolitical and regional standpoint, but its economic challenges have not attracted a similar degree of interest. With a population of 69 million, considerable hydrocarbon resources, a dynamic and entrepreneurial middle class, and a relatively well-educated labor force, Iran's economic potential is considerable. This volume takes stock of critical developments in the Iranian economy in recent years. The study reviews the key issues and policy responses, highlights the nature of the challenges ahead, and draws implications for the next phase of reforms. The authors conclude that major challenges remain, although significant advances have been made in recent years in opening up the economy to international trade and foreign direct investment, encouraging the private sector, removing exchange restrictions, reforming the tax system, and enhancing macroeconomic management.
Iran's Political, Demographic, and Economic Vulnerabilities by Keith Crane,Rollie Lal,Jeffrey Martini Pdf
This monograph is intended to help analysts and policymakers assess the political, demographic, and economic vulnerabilities of Iran to potential U.S. policy measures. The study dissects the political complexities and vulnerabilities of the Iranian government, evaluates ethnic and demographic tensions in Iran, and assesses recent economic developments and potential trajectories of future economic growth. It concludes with a set of policy recommendations for the U.S. government based on the analysis.
The Political Economy of EU Ties with Iraq and Iran by Amir M. Kamel Pdf
This book analyzes the failure of the EU's peace-through-trade policy in Iraq and Iran between 1979 and 2009 from a theoretical and empirical perspective. The author adds to the trade-peace theory debate and provides evidence supporting the need to review the EU's peace-through-trade-policy towards Iraq and Iran, and in general.
Consistency and Viability of Islamic Economic Systems and the Transition Process by J. Marangos Pdf
Consistency and Viability of Islamic Economics Systems and the Transition Process outlines the transition problem for non-market economies and creates an analytic framework for understanding the cause and effect of these economies.
Responsible Growth for the New Millennium by Anonim Pdf
This publication considers the key public policy challenges facing the international community in order to achieve balanced, equitable and sustainable development beyond the Millennium Development Goal targets for 2015. Issues considered include: agriculture and rural development, world trade policy reform, poverty reduction, sustainable energy policies, water resources, water supply and sanitation, biodiversity and global environmental challenges, forestry conservation and development, and strategic priorities for social development.
Islamic Republic of Iran’s Foreign Policy in the South Caucasus by Shabnam Dadparvar Pdf
This book delves into the connections between the Islamic Republic of Iran and the countries of the southern Caucasus region following the 1979 revolution. It focuses on their political, economic, and cultural interactions and elaborates on Iran's foreign policy principles, discourses, and significant decision-making institutions. It also addresses the process of nation-state building in the southern Caucasus, the challenges involved, and the geopolitical and strategic importance of this area for Iran. Factors influencing the relations are scrutinised, alongside an evaluation of the proposed accession of the Republic of Azerbaijan into Iran, based on insights from Hashemi Rafsanjani's diary. The work further investigates the legal framework of the Caspian Sea and Aras River, examines the strategic implications of the 2020 Nagorno-Karabakh conflict for Iran and other relevant actors, and analyses the repercussions of the Ukraine war on transportation routes. This book will help researchers of the Middle East and the Caucasus better understand Iran's relations with the region.
Economics, the Environment and Our Common Wealth by James K. Boyce Pdf
If youre interested in the cutting-edge of the very best thinking on economics and the environment, its right here. Boyce has done a masterful job integrating issues of equity and ecological thinking into economics, and presenting deep and important ideas accessibly with the latest research to back them up. Not just recommended, but essential. Juliet Schor, Boston College, US and author of True Wealth: How and Why Millions of Americans are Creating a Time-rich, Ecologically-light, Small-scale, High-satisfaction Economy A colleague of mine puts it best: when thinking about the fundamentals of the economy and the environment, there is Pigou, Coase, and Boyce. Boyce adds to traditional economics the critical understanding that social power is a determinant of the extent and spatial scale of environmental degradation. In these essays, on subjects ranging from housing and credit markets to agriculture and globalization, Boyce mixes a data-driven picture of unequal environmental protection with a keen and useful discussion of the many forms of social power that can help right the scales. Eban Goodstein, Bard College, US This fascinating volume has at its heart a simple but powerful premise: that a clean and safe environment is not a commodity to be allocated on the basis of purchasing power, nor a privilege to be allocated through political power, but rather a basic human right. Building upon this premise, James K. Boyce explores the many ways in which economics can be refashioned into an instrument for advancing human well-being and environmental health. Comprising a decades worth of essays written since the publication of the authors pathbreaking book, The Political Economy of the Environment (2002), this volume discusses a number of diverse environmental issues through an economists lens. Topics covered include environmental justice, disaster response, globalization and the environment, industrial toxins and other pollutants, cap-and-dividend climate policies, and agricultural biodiversity. The first economics book to explore the idea that the environment belongs in equal measure to us all, this pioneering volume will hold great interest for students, professors and researchers of both economics and environmental studies.
Learning By Dinning by Somik V. Lall,Sudeshna Ghosh Pdf
The authors analyze the determinants of firm productivity in a group of Mexican firms. In particular, they test the contribution of external factors such as trade and knowledge diffusion, the availability of infrastructure, informal knowledge exchange, competitive environment, and business regulatory climate. The authors find that one factor consistently emerges as an important proximate source of productivity-access to informal networks. Interaction in the form of "business lunches" with local buyers and suppliers, competitors, government officials, and other professionals have a significant and positive effect on a firm's productivity. Access to regulators and agents of backward and forward linkages are important in settings where information on business practices and regulations is not publicly disclosed. The results complement predictions of traditional growth theory-in addition to technology and learning being the driving force of firm productivity, proximity to influential individuals who can grant favors or provide information advantage on business and trade practices have significant productivity impacts.
Beyond the Resource Curse by Brenda Shaffer,Taleh Ziyadov Pdf
When countries discover that they possess large deposits of oil and natural gas, the news is usually welcome. Yet, paradoxically, if they rely on their wealth of natural resources, they often set down a path of poor economic performance and governance challenges. Only a few resource-rich countries have managed to develop their economies fully and provide a better and sustainable standard of living for large segments of their populations. This phenomenon, known as the resource curse, is a core challenge for energy-exporting states. Beyond the Resource Curse focuses on this relationship between natural wealth and economic security, discussing the particular pitfalls and consistent perils facing oil- and gas-exporting states. The contributors to this volume look beyond the standard fields of research related to the resource curse. They also shed new light on the specific developmental problems of resource-rich exporting states around the globe, including Azerbaijan, Bahrain, Cambodia, East Timor, Iran, Norway, Russia, Trinidad and Tobago, the United Arab Emirates, and Venezuela. Policy makers and academics think of energy security solely in terms of the interests of energy importers. Beyond the Resource Curse shows that the constant volatility in energy markets creates energy security challenges for exporters as well.
Immunization in Developing Countries by Varun Gauri,Peyvand Khaleghian Pdf
The authors use cross-national social, political, economic, and institutional data to explain why some countries have stronger immunization programs than others, as measured by diphtheria-tetanus-pertussis (DTP) and measles vaccine coverage rates and the adoption of the hepatitis B vaccine. After reveiwing the existing literature on demand- and supply-side side factors that affect immunization programs, the authors find that the elements that most affect immunization programs in low- and middle-income countries involve broad changes in the global policy environment and contact with international agencies. Democracies tend to have lower coverage rates than autocracies, perhaps because bureaucratic elites have an affinity for immunization programs and are granted more autonomy in autocracies, althought this effect is not visible in low-income countries. The authors also find that the quality of a nation's institutions and its level of development are strongly related to immunization rate coverage and vaccine adoption, and that coverage rates are in general more a function of supply-side than demand effects. there is no evidence that epidemics or polio eradication campaigns affect immunization rates one way or another, or that average immunization rates increase following outbreaks of diphtheria, pertussis, or measles.
