Why are Iran's economic crises not resolved?
Author and interviewer: Fatma Nasiri.
One of the main problems of Iran's economy is the repetition of failed policies and the inability to use past experiences.
Extensive government intervention in the economy, ignoring the supply and demand mechanism and mandatory price stabilization led to the formation of a cycle of budget deficit, debt and inflation.
Although the policy of keeping energy and basic products cheap is implemented with the aim of supporting people, in practice it imposes more costs on the economy by disrupting production, reducing investment and misallocating resources.
Meanwhile, the gap between the mandated prices and the market reality forms the basis for the formation of rent and corruption.
Therefore, the main issue in the context of getting out of this circle is to get to know the mechanisms that reproduce economic mistakes and to increase society's awareness of the root of the problems.
The sixth part of the "D Book" program examines the book "Inability of Governments to Learn". In this program we talked with Masoud Neely.
The full interview with Massoud Neely will be published next week.
The full version of this program is available on the World Economy website and YouTube channel.
Link to the full version of the program (.
The official channel of Donya Akhtaz newspaper.