Struggling for a Sustainable Economy: Iran after the JCPOA

MENARA Future Notes 19
Fecha de publicación: 03/2019
Autor:
László Csicsmann, Dean of the Faculty of Social Sciences and International Relations at the Corvinus University of Budapest
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MENARA Future Notes nº. 19

Following the United States’ decision to withdraw from the JCPOA in May 2018, the Iran dossier has come back at the forefront of contemporary world politics. New rounds of sanctions imposed on Iran are likely to have a significant impact on the political and economic sustainability of the Islamic Republic, which has recently celebrated its 40th anniversary. They will exacerbate the existing economic difficulties in the country, which may cause occasional political unrest. Indeed, sanctions are not the only hardship suffered by the Iranian economy, but serious structural and monetary problems have also emerged. However, due to the complexity of the Iranian political system, these sanctions and economic problems are not going to endanger the existence of the Islamic Republic in the short time.