Middle East Economic Survey

VOL. XLVIII

No 21

23-May-2005

The Tehran Stock Exchange: A Maverick Performer?

By Jahangir Amuzegar

In the following article for MEES, Jahangir Amuzegar, a distinguished economist and former member of the IMF Executive Board, analyzes the performance of the Tehran Stock Exchange.

With its stunning performance in the last five years, the Tehran Stock Exchange (TSE) has astonished and fascinated global financial analysts. While the overall indices of the worlds five major...