Iran In Country Brief on their Economy - Essay Example

Only on StudentShare

Extract of sample
Iran In Country Brief on their Economy

The Iran spending budget is $482 billion (Polk 2011, p. 20). This is direct tied to oil prices per barrel. Later in the presentation, Iran’s strong reliance on oil is directly related to their international relations policy.
In addition to petroleum another prominent Western perspective on Iran is its strong embrace of religious principles. In many ways these perspectives, in economic terms, have a degree of truth. In this way it’s estimated that as much as 30% of government spending goes towards religious organizations (Polk 2011, p. 20).
The exact government spending breakdown is recognized as follows: In terms of specific government spending policies, the reported breakdown of Iranian spending is 59% on social policies, 17% on economic matters, 15% on national defense, and 3% on agriculture (Polk 2011, p. 19). Within this spending contains the 30% that goes towards religious groups
There are a number of historical considerations that must be examined when considering the Iranian economy. The picture featured on the slide you see is Ayatollah Khomeini; this is the individual that took over with the 1978 Revolution. Prior to 1979 Iran’s economic expansion occurred at a robust pace. With the 1978 Iranian Revolution, however, there was a stark decline in economic growth. Following the Revolution the government increasingly focused on economic independence and an increased quality of life for Iranian inhabitants (Polk 2011, p. 32).
Still, while Iran’s oppositional stance to the United States is commonly attributed to its economic shortcomings, it’s also recognized that the country has faced considerable other challenges. Between 1980 and 2000 the Iranian economy nearly doubled. This increase in population resulted in food-shortages that greatly impacted the economic structure (Polk 2011, p. 24).
Another major economic setback occurred in 1980 with the Iran-Iraq war. Indeed, the picture featured above is of a tank with oil flames ...Show more


While Western perspectives generally view Iran as a marginal, yet problematic nation, in actuality the country is the seventeenth largest in purchasing power and 26th by market…
Author : langoshcorine
Save Your Time for More Important Things
Let us write a custom essay on your topic
"Iran In Country Brief on their Economy"
with a personal 20% discount.
Find out more

Related Essays

Iran Term Paper
It will be an instrument to understand too the cultural, political and sociological make-up of the community. Physical Terrain Figure 1. Map of Iran. (Google, 2011). Iran is a country located in the Middle East of Southwest Asia continent. It is geographically bordered by Iraq in the eastern side and of Turkey.
5 pages (1250 words) Term Paper
Cultural Awareness on Iran
As the world integrates into a global village, it is vital to be aware of various cultures. In this case, Iran is examined in terms of its distinct culture. This relates to how Iranians perceive things in their own way. It also relates to their perception, of the world, and reaction.
7 pages (1750 words) Research Paper
The Strategic Causes of Conflict - What caused the 1991 Gulf War?
There are many answers to such a question and some are such as to gain power and dominate other people’s wealth. For example, during the colonial times, the colonial powers started wars so as to rule over other people and their wealth. The colonies also started to fight back as revenge and this would result to wars.
15 pages (3750 words) Essay
The Iran- Iraq War
The two states, however, would find war frustrating, and they were both eluded by any sort of decisive victory. The United States covertly supported Iraq, even as they had arm dealings with the Iranian government.
6 pages (1500 words) Research Paper
Iran Research Paper
A major disadvantage is that it has enhanced the development of weapons of mass demolition. One of the major countries that deal with the continued production of the weapons is Iran (BBC, 2012. 1). Although Iran argues that its nuclear initiative is completely
6 pages (1500 words) Research Paper
Security Policy Brief on Mexico
As the world grapples with terrorism threats from Asian countries, insecurity in Mexico country is another issue that will require its immediate attention. On the positive face of this country, it is known for its beautiful sceneries and friendly climates
4 pages (1000 words) Essay
Does Iran have the capability to block the Strait of Hormuz?
A detail study of Iranian navy has figure out that total number of active sailor in the Iranian navy is close to eighteen thousand, along
24 pages (6000 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email