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Investigating the Effects of Government Oil Policies on the Iranian Economy

Publish Year: 1401
Type: Journal paper
Language: English
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Document National Code:

JR_JEIR-3-2_008

Index date: 1 October 2022

Investigating the Effects of Government Oil Policies on the Iranian Economy abstract

With the knowledge of oil and its various applications in the social, industrial, and economic fields, the land of Iran found a special situation and experienced significant changes. Oil has been influential in how the people and the government communicate in Iran over the last hundred years. For a variety of reasons, mainly related to policy-making, Iran's economy produces small products in the industrial and agricultural sectors and exports them to the outside world, and relies heavily on crude oil exports to meet its import needs. More than 80% of the country's foreign exchange resources and more than 70% of the general budget resources are provided by the oil sector. Thus, oil as a supplier of material resources and political structures and stimulating socio-political incentives in creating socio-cultural changes and the composition of wealth and income, despite its ups and downs, has played an effective and key role, and without a doubt, oil in the future will be able to create structural changes in various economic, social and cultural dimensions in Iranian society.

Investigating the Effects of Government Oil Policies on the Iranian Economy Keywords:

Iran , Oil , Economy , cultural and social developments

Investigating the Effects of Government Oil Policies on the Iranian Economy authors

Kim Lo Han

Department of Chemical Engineering, Seoul University, Korea

Pedram Shirzadi

Department of Chemical (Process) Engineering, North Tehran Branch, Islamic Azad University, Tehran, Iran

Peyman Vaziri

Exploration Directorate of NIOC, Tehran, Tehran Province, Iran

Andi Johnson

Department of Research and Development, UOP, Santiago, Chile

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