VOL. XLVI
No 36
08-September-2003
IRAN
Irans Underground Economy
By Jahangir Amuzegar
In the following article for MEES, Jahangir Amuzegar, a distinguished economist and former member of the IMF Executive Board, analyzes Irans underground economy.
A highly distinctive feature of Irans Islamic Republic is the relatively large size of its underground economy. Alternately called informal, parallel, unofficial, unregistered, gray, and a host of other labels, the underground economy refers to activities...
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