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- Iran, Islamic Republic of x
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Appendix 1: Data Sources and Methodology »
Source: Islamic Republic of Iran : Managing the Transition to a Market Economy
Series: IMF Special Issues
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2007
ISBN: 9781589064416
Keywords: exchange rate, monetary policy, central bank, inflation, reer
The source for real GDP and investment data for Iran is the latest Central Bank of Iran database; for the rest of the countries, the source is the International Financial Statistics database. The source for...

Appendix 2: Productivity Growth in Iran and Its Trading Partner Countries, 1993–2002 »
Source: Islamic Republic of Iran : Managing the Transition to a Market Economy
Series: IMF Special Issues
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2007
ISBN: 9781589064416
Keywords: exchange rate, monetary policy, central bank, inflation, reer
Productivity Growth in Iran and its Trading Partner Countries, 1993–2002 (Average annual percentage change, unless otherwise indicated)...

Appendix 4: Subsidies »
Source: Islamic Republic of Iran : Managing the Transition to a Market Economy
Series: IMF Special Issues
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2007
ISBN: 9781589064416
Keywords: exchange rate, monetary policy, central bank, inflation, reer
Explicit subsidies include budgetary subsidies to households for essential commodities, such as wheat, rice, oil, sugar, milk, and cheese; imports of medical equipment and pharmaceuticals; fertilizers; and s...

Appendix 3: The Oil Stabilization Fund »
Source: Islamic Republic of Iran : Managing the Transition to a Market Economy
Series: IMF Special Issues
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2007
ISBN: 9781589064416
Keywords: exchange rate, monetary policy, central bank, inflation, reer
The Oil Stabilization Fund (OSF) was established in December 2000 with the objective of insulating the budget from fluctuations in oil prices. The fund was established as a foreign currency account at the ce...

Chapter 4: Approaches to Assessing the Exchange Rate Level »
Source: Islamic Republic of Iran : Managing the Transition to a Market Economy
Series: IMF Special Issues
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2007
ISBN: 9781589064416
Keywords: exchange rate, monetary policy, central bank, inflation, reer
Following a long period of multiple and unstable exchange rates in Iran, the exchange rate was successfully unified in March 2002. Since then, Iran has adopted a managed float exchange rate regime and elimin...

Chapter 1: Economic Growth »
Source: Islamic Republic of Iran : Managing the Transition to a Market Economy
Series: IMF Special Issues
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2007
ISBN: 9781589064416
Keywords: exchange rate, monetary policy, central bank, inflation, reer
Iran faces the challenge of increasing its growth rate to reduce unemployment and improve the living standards of its population over the medium term. Growth performance in recent years (6 percent during 200...

Chapter 5: Issues in Medium-Term Management of Oil Resources »
Source: Islamic Republic of Iran : Managing the Transition to a Market Economy
Series: IMF Special Issues
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2007
ISBN: 9781589064416
Keywords: exchange rate, monetary policy, central bank, inflation, reer
Under the Third Five-Year Development Plan (2000/01–2004/05), Iran introduced a number of important fiscal reforms aimed at reducing the dependency of public finances on oil revenue and containing expenditur...

Chapter 3: Moving toward a Market-Based Monetary Policy »
Source: Islamic Republic of Iran : Managing the Transition to a Market Economy
Series: IMF Special Issues
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2007
ISBN: 9781589064416
Keywords: exchange rate, monetary policy, central bank, inflation, reer
Reform of the monetary policy framework in Iran is needed in connection with the efforts to liberalize the financial system (Chapter 2) and the authorities’ objective of reducing the inflation rate to single...

Chapter 2: The Financial Sector - Issues and Reforms »
Source: Islamic Republic of Iran : Managing the Transition to a Market Economy
Series: IMF Special Issues
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2007
ISBN: 9781589064416
Keywords: exchange rate, monetary policy, central bank, inflation, reer
The Iranian financial system has evolved through a number of stages since the 1979 revolution. After widespread nationalization in the 1980s, reform of the financial system in the 1990s and 2000s focused on...

Islamic Republic of Iran : Managing the Transition to a Market Economy »
Series: IMF Special Issues
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2007
DOI: http://dx.doi.org/10.5089/9781589064416.058
ISBN: 9781589064416
Keywords: exchange rate, monetary policy, central bank, inflation, reer
Iran has received much attention from a geopolitical and regional standpoint, but its economic challenges have not attracted a similar degree of interest. With a population of 69 million, considerable hydrocarbon r...