Middle East Economic Survey

VOL. LII

No 31

3-Aug-2009

Ahmadinejads Pyrrhic Victory

By Jahangir Amuzegar

Dr Amuzegar is a distinguished economist and former member of the IMF Executive Board.

On 5 August Mahmoud Ahmadinejad is scheduled to be sworn in for a new four-year term as the 10th president of Irans 30-year old Islamic Republic. Given the lingering tensions following the nationwide protests against the 12 June presidential elections, there is every indication that the next four years will be...