Iranian Economy Development Macro & Microeconomics Essay
9 pages
(2250 words)
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The growth of the economy has slackened drastically (Ramin, 2004). The economy, with a rapidly expanding population, has experienced a marked decline in investment, low labour productivity, a widening trade gap, a fast accumulation of debt and, above all, a sharp decline in the standard of living. What are the determinants of economic performance?