◢ Since the early 2000s, growth in Iran has been insufficient to improve real GDP per capita incomes. Sanctions and negative oil price shocks led to budget tightening and a contraction in pro-growth spending. This study examines various approaches to scaling up public investment in Iran under different oil price scenarios in order to analyze how Iran can use public investment to achieve higher growth.
◢ A new survey of nearly 100 companies in Iran's textile sector established that Iranian SMEs are highly interested in foreign partnerships. But smaller enterprises depend greatly on informal networks. Foreign businesses hoping to engage SMEs in Iran will need the cultural skills to leverage these informal networks.