Transitioning to a liberal market economy is fraught with dangers, and whoever wins the November elections must put inclusion before liberalization, and build capacity first before introducing major reforms.
Ideas for TomorrowSee all
It is more likely that divergence, not convergence, will have the most profound impact on societies.
By eliminating market competition and leaving what little room there is for international trade to a very restricted list of individuals and organizations, sanctions have created huge inequalities in Iranian society. As one wealthy Iranian told me, "the sanctions make those of us who are rich even richer and those who are poor even poorer."
Hong Kong, August 2015