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Routledge Iran: The Illusion of Power - Economic History & OPEC Analysis

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Description

This Routledge Library Editions book examines Iran's transformative period following the 1973 oil price surge, when foreign revenues quadrupled in just over two months. As the first OPEC member to disburse significant extra revenue at scale, Iran provided a complete case study of the social, economic and political consequences of sudden wealth. The work traces Iran's evolution from its rural, backward economy through the euphoria of the 1970s, when the Shah envisioned Iran as the world's fifth power by the 1990s, exploring the complex boom cycle and underlying structural challenges. Essential reading for understanding how petroleum-driven wealth transformed a nation's trajectory and the difficulties of managing rapid economic expansion.

Key Features

The Routledge Library Editions Iran title provides historical analysis of the 1973 oil price shock and its immediate quadrupling of Iran's foreign revenues.

This book examines the complete cycle of Iran's economic boom, tracing the country from its rural foundations through the Shah's ambitious Great Civilisation vision.

The work serves as the first comprehensive case study of how OPEC's initial large-scale revenue disbursement created social, economic and political upheaval.

Routledge's analysis connects Iran's petroleum wealth to its failed modernisation trajectory and the gap between aspirations and economic reality.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
25 February 2011
Listed Since
16 August 2010

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