FOUNDATION FOR DEFENSE OF DEMOCRACIES
by Mark Dubowitz
October 31, 2014
WASHINGTON – The Foundation for Defense of Democracies (FDD) and Roubini Global Economics (RGE) released their eighth joint report today on the effects of sanctions relief on the Iranian economy. The study found the country in the midst of a moderate economic recovery, after bottoming out in the 2013/14 fiscal year (ending March 20, 2014).
The study used a detailed econometrics model developed by RGE, in partnership with FDD, to present new economic forecasts for Iran, which highlight the impact of both direct and indirect sanctions relief on the Iranian economy and implications for the nuclear negotiations which are set to resume this month in Vienna.
The study determined that the Obama administration’s decision to de-escalate sanctions pressure in mid-2013, and the direct sanctions relief provided as part of the Joint Plan of Action (JPOA), were key factors that led to inflation decreasing by more than half to 14.7% in August 2014. Iran also improved due to better fiscal and monetary policy by the Rouhani government, which benefited from less economic pressure under the JPOA……
ArchitectGuy on Israel 