THE EVOLUTION OF EXCHANGE, ANALYSIS OF EXPORTS AND IMPORTS, CAPITAL AND MONEY MARKET IN DURING DIFFERENT TIME PERIODS AND THE IMPACT OF INTERNATIONAL SANCTIONS ON THE IRANIAN ECONOMY

Yıl 2021, Cilt: 5 Sayı: Özel Sayı 1, 177 - 189, 01.03.2021

Behnam Alipourvaghaslou , Hamid Nabilou

Öz

Iran’s nuclear program and the west’s response have attracted a considerable attention from the international community since 2003. The United States, the United Nations (UN) and the European Union (EU) have imposed severe sanctions on Iran because of high distrust of the country’s pursuance of a nuclear program due to suspicion about nuclear weapon development.This paper has been accomplished in order to fulfill a gap in implementing a comprehensive study of the western sanctions on Iran and their impacts on Iran’s economy in detail. The current study intends to answer one of the most important questions in recent years, which is “what are the impacts of western multilateral sanctions on Iran’s economy?” The results provide a support for deriving to the conclusion that sanctions, along with Iranian government economic mismanagement, seriously affected Iran’s economy. Moreover, the details of the country’s economic problems will be given through analyzing Iran’s macroeconomic indicators changes after the multilateral sanction years as such as the impacts of the sanctions on Iran’s GDP, unemployment rate, inflation rate, foreign direct investment export and import, Iran’s oil industry and oil market, banking and financial system. The analysis should help shed some light on this current interesting controversial issue, and should be especially useful to political economists, or anyone else who may be considering the impacts of international multilateral sanctions on an economic situation of a country.

Anahtar Kelimeler

International Sanctions, Iran’s Economy, Impacts of Sanctions, Nuclear Program, Western-Iranian Relations

Kaynakça

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