Iran's Economy Slides Toward the Bottom -Hossein Askari
To say that the Iranian economy has underperformed since the Shah's overthrow in 1979 would be an understatement.
According to the International Monetary Fund, Iran ranks first in brain drain among developing countries, with roughly 150,000 Iranians leaving Iran every year, and with about 25% of all Iranians with post-secondary education now living abroad in developed countries.
Under the Shah, corruption was more or less limited to members of the royal family, ministers and other senior officials. In today's Iran it is even at the level of the doorman to government buildings. To go anywhere and get anything done requires a payment.
In short, the policies of the revolutionary government of Iran have failed the Iranian people miserably.
(Asia Times-Hong Kong)
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To say that the Iranian economy has underperformed since the Shah's overthrow in 1979 would be an understatement.
According to the International Monetary Fund, Iran ranks first in brain drain among developing countries, with roughly 150,000 Iranians leaving Iran every year, and with about 25% of all Iranians with post-secondary education now living abroad in developed countries.
Under the Shah, corruption was more or less limited to members of the royal family, ministers and other senior officials. In today's Iran it is even at the level of the doorman to government buildings. To go anywhere and get anything done requires a payment.
In short, the policies of the revolutionary government of Iran have failed the Iranian people miserably.
(Asia Times-Hong Kong)
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