Adjustment to a Foreign Exchange Shock
Iran, 1951–1953
Bibliographic Data
| ID | 8969368 |
|---|---|
| Authors | Patrick Clawson (International Monetary Fund, corresponding author), Cyrus Sassanpour (International Monetary Fund) |
| Year | 1987 |
| Volume | 19 |
| Issue | 1 |
| Pages | 1-22 |
| Publication date | 1987-02-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | International Journal Middle East Studies (JOURNAL) |
| Journal identifiers | ISSN: 0020-7438 • E-ISSN: 1471-6380 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s0020743800031639 |
| OpenAlex | W2313005171 |
| Language | EN |
| Citations received | 5 |
| References cited | 2 |
Few oil-producing economies, and for that matter few primary commodity-producing countries, have experienced as abrupt and severe a loss of foreign exchange earnings as that undergone by Iran in the period 1951–1953 following the nationalization of the oil industry and the subsequent international boycott of Iranian oil. While the literature on Iran during this period is extensive, it has focused largely on the political implications of nationalization and not so much on the economy's adjustment to the loss of foreign exchange. This article argues that the Iranian experience provides an instructive case study–admittedly an extreme one—of the ability of countries exposed to external shocks to adjust to the new realities
Boycott · Commodity · Development economics · Earnings · Economics · Economy · Foreign exchange · International economics · Market economy · Monetary economics · Period (music · Political science · Politics · Shock (circulatory · Accounting · Law · Natural Resources and Economic Development
Continuity and Change Reinterpreting the Policies of the Truman and Eisenhower Administrations toward Iran, 1950–1954
The 1951–53 oil nationalization dispute and the Iranian economy
The Iranian Economy in the Twentieth Century
The Iranian Foreign Exchange Policy And The Black Market for Dollars
Iran's Karaj Dam Affair
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,15 |
| Citation span | 1992 - 2012 (21) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 5 |