Middle East Economic Survey

VOL. XLVIII

No 27

4-July-2005

MEES Agenda

Irans Election Result Promises Short-Term Upheaval But Longer-Term Consistency

The Iranian electorates choice of hardliner Mahmoud Ahmadinejad as President Elect on 24 June has raised fears of a new anti-reformist agenda in Tehran, which could threaten development in the energy industry. However, David Knott learns that short-term upheavals in ministries and state companies may in the longer term be compensated for by more...