All tagged IMF

Iran's Economy is Bruised, But Not Broken

◢ New data indicate that, while Donald Trump’s policy of “maximum pressure” has reduced Iranian oil exports to near zero and seriously hurt Iran’s economy, it has not caused anything resembling economic collapse. Furthermore, these data suggest that the economy is not in a steep decline, one that would anytime soon force Iran to capitulate.

A Swedish Training Program May Hold the Answer to Iran’s Banking Challenges

◢ Iran's inability to link with the European banking system stems in part from a lack of capacity in key governance and compliance functions. 

◢ In the 1990s, European governments launched substantial "training and technical assistance" programs to help post-Communist states raise standards. Iran needs similar programs, and a model from Sweden may be the most effective.