Iran’s Economic Crisis: A Failure of Planning
Recently, Iran’s currency, the rial, dropped to historic new lows. By October 1, 2012, the currency had plummeted to 35,000 rials to the dollar – it had...
Reza Ghasimi is a retired staff member of the World Bank, where he was a Senior Economist. He received his BA in economics from Lancaster University (England), his MSc at the London School of Economics, and his PhD in economics from Cambridge University. Reza has published books and articles on the economies of Iran, Tajikistan, and Armenia.