Open AccessSANCTIONS AND THEIR IMPACT ON THE IRAN’S ECONOMY
Author(s) -
М. М. Рахимиан
Publication year - 2019
Publication title -
vestnik universiteta
Language(s) - English
Resource type - Journals
eISSN - 2686-8415
pISSN - 1816-4277
DOI - 10.26425/1816-4277-2019-10-165-169
Subject(s) - sanctions , economic sanctions , business , international business , economics , economy , international trade , economic policy , political science , law
In period, following the imposition of sanctions, Iran faced many economic problems. Financial sanctions did not allow Iran to access international business, and international credit cards system (MasterCard and VISA) was not extended to Iran. The ways of independent development of Iran, used at the moment and possible in the future have been considered in the article. Of possible alternatives, in particular, the concept of development, based on the forecast, that sanctions have a negative impact on Iran, in accordance with the second, sanctions have a positive impact on Iran, have been analyzed. The author examines in the article both concepts and their impact on the country’s economy.