IMF Staff Country Reports

Islamic Republic of Iran: Selected Issues Paper

September 27, 2004

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Islamic Republic of Iran: Selected Issues Paper, (USA: International Monetary Fund, 2004) accessed November 21, 2024

Summary

This Selected Issues paper analyzes economic growth in Iran. It uses a growth-accounting exercise to quantify the historical sources of growth over 1960–2002, including human capital accumulation and the contribution of Total Factor Productivity to growth. The paper presents an empirical study to quantify the role of several other contributing factors commonly discussed in the cross-country growth literature, including macroeconomic stability, financial development, trade openness, and the change in the terms of trade. The paper also examines issues in medium-term management of oil wealth in Iran.

Subject: Banking, Commercial banks, Financial institutions, Human capital, Labor, Oil prices, Prices, Production, State-owned banks, Total factor productivity

Keywords: Bank Keshavarzi, Central bank, Commercial banks, Consumption path, CR, East Africa, East Asia, Financial system reform, GDP, GDP growth, Human capital, Import prices ratio, Instrument independence, Investment rate, ISCR, Middle East, Monetary policy, Monetary policy objective, North Africa, North America, Northern Europe, Oil GDP, Oil prices, Price, Rate of return, State-owned banks, Total factor productivity

Publication Details

  • Pages:

    72

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2004/308

  • Stock No:

    1IRNEA0032004

  • ISBN:

    9781451819007

  • ISSN:

    1934-7685