Economy
Seyyed Shamseddin Hosseini
Volume 17, Issue 9 , March 2018, , Pages 51-74
Abstract
As oil sector has a great share in the Iran’s economic growth rate, the concept of economic growth shock resistance and stability has gained great momentum. The aim of this paper is to identify the shock resistance of Iran’s economic growth from 1978 to 2016 with the approach of “quality-sectoral ...
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As oil sector has a great share in the Iran’s economic growth rate, the concept of economic growth shock resistance and stability has gained great momentum. The aim of this paper is to identify the shock resistance of Iran’s economic growth from 1978 to 2016 with the approach of “quality-sectoral analysis” in the framework of growth sectoral accounting. Results show that the economic growth rate during this period has varied about 46 percent in which oil sector growth rate has a variation of 195.4 percent. It is also verified that the largest growth shocks happened in years of oil sector production quantity shocks due to an exogenous reason like oil purchase sanctions. Two years of 1981 and 2012 are eminent in this issue. On the other hand, on the event of sanctions lift or suspension in 1983 and 2016, the growth rate experienced a jump which cannot be considered as standing in the line of long run and stable growth rate, but a short-term reform happened in the growth rate. Results of the paper show that the shock of oil sector has made the economic growth unstable due to its high dependency to foreign countries as a result of governmental supply monopoly, demand monopoly and the U.S. sanctions on Iran oil exports.
Economy
Seyyed Shamseddin Hosseini
Volume 17, Issue 3 , September 2017, , Pages 35-51
Abstract
This paper aims to review the “Economic Threats and Resistance Economy”. The authors believe that economic war (sanctions) is the main threat to Iran’s economy that is an instrument of exercising power. It is also noted that the economy is more vulnerable to sanctions in cyber areas, ...
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This paper aims to review the “Economic Threats and Resistance Economy”. The authors believe that economic war (sanctions) is the main threat to Iran’s economy that is an instrument of exercising power. It is also noted that the economy is more vulnerable to sanctions in cyber areas, science, and technological dependency in industrial areas and economic dependency on oil sector. Among offered proposals, establishing an economic defense system and base is more applicable.The authors’ effort on finding the links among economy, defense, and security is the most important advantage of the book. However, the book could be enhanced in terms of its statistical analysis, credibility of some references, and old statistics usage.Although the title mentions resistance economy, the text does not perpend on general policies of resistance economy. It is necessary to pay more attention to requirements and consistency of resistance economy patterns, comprehensive defense, and security pattern and its role in resistance economy. The book could be used as a secondary reference for courses like Iran’s economy and development economics. Nevertheless, a basic move is to establish academic fields like defensive economics in graduate level.
