No. You wondered where Iran got money to feed opposition to Israel's hold over Palestinians ... one here
Why Iran's Economy Has Not Collapsed Amid U.S. Sanctions And 'Maximum Pressure'
January 16, 202012:05 PM ET
Jackie Northam
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But Iran isn't solely reliant on oil, Batmanghelidj notes.
"The Iranian economy is a very diverse economy, and manufacturing is really one of the most important areas," he says. "Currently, manufacturing accounts for about one-fifth of overall employment in the country."
Batmanghelidj says that includes automobiles, metals and plastics. The U.S. sanctions make it difficult for Iranian businesses to access goods needed to make the products, and it's tough to find customers abroad because there's fear the Trump administration will also slap secondary sanctions on any company doing business with Iran. Sponsor Message
But some Iranian manufacturers can stay afloat because of informal payment systems that don't rely on banks to get money in and out of the country, Batmanghelidj says. Also, certain goods are not affected by secondary sanctions.
"They're really basic goods, like food products or like consumer products, including things like household products, like detergent or shampoo," he says.
Suzanne Maloney, an Iran specialist at the Brookings Institution, says Iran also has "well-integrated" relations with regional partners, through which it can barter, trade or use other types of arrangements to maintain some economic activity.
"The Iranians really do have alternative industries to fall back on and a significant domestic capacity, as well as the ability to leverage their relationships with several of their neighboring states to try to muddle through economic adversity," she says. "Countries like Iraq and Afghanistan, some of the Central Asian republics and, of course, Syria, elsewhere across the region — it does have a reach that goes beyond that of the U.S. Treasury Department."
A shortage of imported goods has helped spur domestic production, Salehi-Isfahani says. That, in turn, has helped create more employment for Iranians.
But it's hard to gauge how much patience the Iranian population has. Forty years ago, he says, Iranians were willing to put up with hardships caused by U.S. sanctions. Now they are protesting in the streets.
"As we have noticed in the last few months," he says, "that tolerance isn't there. To what extent the government can maintain public order in the face of this 10 to 20% decline in living standards, I don't know."
I don't know about anyone else, but I'm fucking tired of you pummeling this board with all your far right hate sites and groups. Every single link is hidden under 'justice' sounding names. Your fdd isn't for democracies. It's a far right lobby group supported by Israel and oligarch's. Every search result is designed and paid for by them to fill the first 10 pages of returns... get past their monetized search engines and like others that do this, the truth starts to emerge. Sorry to be so blunt, but shove your head back up your ass.
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