The Economic Modernisation of Iran, 1953-1968: Architects, Agents, and

The Economic Modernisation of Iran, 1953-1968: Architects, Agents, and

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In 1953, Iran was at loggerheads with the US and UK, after Prime Minister Mossadegh nationalised Iran's oil reserves. By 1968, under the autocratic rule of the Shah, Iran was a booming export economy, benefiting from high oil prices and consumer demand. It had unambiguously become a modern industrial economy. Sifting through primary and secondary sources, Ali Rahnema charts Iran's progress in this vital fifteen-year period. He asks, who can claim the credit? And who bears the blame for its critical failures?

Author: Ali Rahnema
Format: Hardback, 448 pages, 153mm x 234mm
Published: 2025, Oneworld Publications, United Kingdom
Genre: Economics: Professional & General

Description
In 1953, Iran was at loggerheads with the US and UK, after Prime Minister Mossadegh nationalised Iran's oil reserves. By 1968, under the autocratic rule of the Shah, Iran was a booming export economy, benefiting from high oil prices and consumer demand. It had unambiguously become a modern industrial economy. Sifting through primary and secondary sources, Ali Rahnema charts Iran's progress in this vital fifteen-year period. He asks, who can claim the credit? And who bears the blame for its critical failures?