Une Étude Détaillée De La Privatisation Des Banques D'état Iraniennes: Les

Total Page:16

File Type:pdf, Size:1020Kb

Une Étude Détaillée De La Privatisation Des Banques D'état Iraniennes: Les UNIVERSITE MONTESQUIEU – BORDEAUX IV ECOLE DOCTORALE ENTREPRISE ECONOMIE SOCIETE (E.D. 42) DOCTORAT en SCIENCES DE GESTION Chahla ANSARI AZARBAYJANI A STUDY ACROSS OF IRAN STATE-OWNED BANKS PRIVATIZATION: CONDITIONS OF SUCCESS FOR PRIVATIZATION OF STATE-OWNED BANKS AND CONTINUATION OF PRIVATE BANKING IN IRAN Thèse dirigée par Madame Corynne JAFFEUX, Professeur des Universités Soutenue le 12 September, 2011 Jury (par ordre alphabétique) : Monsieur Pedro ARBULU Maître de Conférences Suffragant Monsieur Serge EVRAERT Professeur des Universités President Monsieur Jean-Fabrice LEBRATY Professeur des Universités Rapportteur Monsieur Jean-Pierre NEVEU Professeur des Universités Rapportteur 1 Table of Contents ACKNOWLEDGMENT ............................................................................................................................................................... 11 DEDICATION ............................................................................................................................................................................. 12 RÉSUMÉ ................................................................................................................................................................................... 14 ABSTRACT ................................................................................................................................................................................ 15 MOTS‐ CLÉS .............................................................................................................................................................................. 16 KEYWORDS............................................................................................................................................................................... 16 INTRODUCTION ....................................................................................................................................................................... 17 PART 1 ...................................................................................................................................................................................... 20 1.1. CHAPTER ONE: LITERATURE REVIEW OF PRIVATIZATION ................................................................................................. 21 1.1.1. The History and Definition of Privatization ...................................................................................................... 21 1.1.2. Distinction between the Concept of Public and Private .................................................................................. 28 1.1.3. Theoretical Framework of Privatization ........................................................................................................... 30 1.1.4. Major Consideration for Privatization ............................................................................................................. 38 1.1.4.1. Restructuring Prior to Privatization ......................................................................................................................... 38 1.1.4.2. Complementarities and Sequencing ........................................................................................................................ 39 1.1.4.3. Speed of the Privatization Process .......................................................................................................................... 40 1.1.4.4. Sale Policy ................................................................................................................................................................ 42 1.1.4.5. Sale Methods ........................................................................................................................................................... 44 2 1.1.4.5.1. Sale to Private Investor ...................................................................................................................................... 46 1.1.4.5.2. Sale to the Public or Companies‐ Share Issue Privatization ................................................................................ 47 1.1.4.5.3. Sale to the Citizens by Voucher/Mass Privatization ........................................................................................... 51 1.1.4.5.4. Sale to the Managers and Employees of the Firms‐Internal Buy‐Out ................................................................ 53 1.1.4.5.5. Sale to the Original Owner‐Restitution .............................................................................................................. 54 1.1.4.5.6. Sale to the Foreigner .......................................................................................................................................... 54 1.1.4.6. Investor’s Returns .................................................................................................................................................... 56 1.1.4.7. Effective Status of Democracy on Privatization ....................................................................................................... 57 1.1.5. Data and Records ............................................................................................................................................. 62 1.1.6. Justification of State‐Owned Enterprise VS its Inefficiency ............................................................................. 64 1.1.6.1. Inefficiency of SOEs due to Weak or Adverse Incentives ......................................................................................... 66 1.1.6.2. Inefficiency due to Inadequate Monitoring ............................................................................................................. 68 1.1.6.3. Inefficiency due to the Soft Budget Constraints ...................................................................................................... 69 1.1.6.4. Inefficiency due to Partial State Ownership ............................................................................................................ 72 1.1.6.5. Inefficiency due to Pursue Non‐economic Objectives ............................................................................................. 73 1.1.7. Designing the Strategic Privatization Program ................................................................................................ 73 1.1.7.1. Key Questions at Pre‐design Stage .......................................................................................................................... 73 1.1.7.2. Optimal Design ........................................................................................................................................................ 75 1.1.7.3. The Constraints ........................................................................................................................................................ 77 1.1.8. Concluding Remarks ........................................................................................................................................ 79 1.2. CHAPTER TWO: PRIVATIZATION: INTERACTIONS‐ REFORMATIVE IMPACTS‐ EXPERIENCES ............................................. 81 3 1.2.1. Chapter Summery ............................................................................................................................................ 81 1.2.2. Interaction of Privatization with Political Economy ......................................................................................... 81 1.2.2.1. Political Argument ................................................................................................................................................... 81 1.2.2.2. Economical Argument ............................................................................................................................................. 85 1.2.3. Reformative Approach of Privatization ............................................................................................................ 89 1.2.3.1. The Policy Debate on Privatization .......................................................................................................................... 89 1.2.3.2. Privatization as a Part of Reform Program .............................................................................................................. 90 1.2.3.3. Corporate Governance ............................................................................................................................................ 91 1.2.3.3.1. Interaction between Privatization and Corporate Governance.......................................................................... 91 1.2.3.3.2. Development of Effective Corporate Governance System ................................................................................. 94 1.2.4. Capital Market ................................................................................................................................................. 99 1.2.4.1. Privatization versus Market Debate ........................................................................................................................ 99 1.2.4.2. Capital Market and National Legal Systems ............................................................................................................ 99 1.2.4.3. Financial Market .................................................................................................................................................... 101 1.2.4.4. Market
Recommended publications
  • Modernization and Political Parties: a Case Study of the Hashemi Rafsanjani Administration
    Modernization and Political Parties: A Case Study of the Hashemi Rafsanjani Administration * Prof. Dr. Elaheh Koolaee Professor of Regional Studies, University of Tehran, Tehran, Iran. ** Dr. Yousef Mazarei PhD of Political Science, University of Tehran, Tehran, Iran. Abstract This paper aims to explore the emergence of a political and social phenomenon, namely political parties, during a specific period in the history of contemporary Iran, in order to move beyond simple analyses and present a deeper and more accurate understanding of political parties in Iran. The question thatthis paper aims to answer pertains to the emergence (ISJ) Studies / Journal No. International of the Executives of the Construction of Iran Party (Kargozaran-e Sazandegi-e Iran) and the role of the Hashemi Rafsanjani administration’s modernization efforts. In order to do so, among three main theories, modernization theory has been selected as the theoretical framework. The paper also uses secondary data analysis as its methodology. In new theories of modernization, instead of focusing on ‘ideal types’, the focus is shifted toward historical features specific to each society. The findings of this research demonstrate that there is a direct link between the HashemiRafsaniani administration’s modernizations and the emergence of 57 / the Executives of the Construction of Iran Party (Kargozaran Party). This V administration’s modernization efforts caused a significant shift in Iran’s development indexes, which resulted in the revival of Iran’s new middle class and provided a basis for the foundation of Kargozaran Party and its victories in subsequent elections. The party became the major proponent of political and economic reform, social liberties, and cultural tolerance in Iran’s political arena.
    [Show full text]
  • Guardian Politics in Iran: a Comparative Inquiry Into the Dynamics of Regime Survival
    GUARDIAN POLITICS IN IRAN: A COMPARATIVE INQUIRY INTO THE DYNAMICS OF REGIME SURVIVAL A Dissertation submitted to the Faculty of the Graduate School of Arts and Sciences of Georgetown University in partial fulfillment of the requirements for the degree of Doctor of Philosophy in Government By Payam Mohseni, M.A. Washington, DC June 22, 2012 Copyright 2012 by Payam Mohseni All Rights Reserved ii GUARDIAN POLITICS IN IRAN: A COMPARATIVE INQUIRY INTO THE DYNAMICS OF REGIME SURVIVAL Payam Mohseni, M.A. Thesis Advisor: Daniel Brumberg, Ph.D. ABSTRACT The Iranian regime has repeatedly demonstrated a singular institutional resiliency that has been absent in other countries where “colored revolutions” have succeeded in overturning incumbents, such as Ukraine, Georgia, Serbia, Kyrgyzstan and Moldova, or where popular uprisings like the current Arab Spring have brought down despots or upended authoritarian political landscapes, including Egypt, Tunisia, Yemen, Libya and even Syria. Moreover, it has accomplished this feat without a ruling political party, considered by most scholars to be the key to stable authoritarianism. Why has the Iranian political system proven so durable? Moreover, can the explanation for such durability advance a more deductive science of authoritarian rule? My dissertation places Iran within the context of guardian regimes—or hybrid regimes with ideological military, clerical or monarchical institutions steeped in the politics of the state, such as Turkey and Thailand—to explain the durability of unstable polities that should be theoretically prone to collapse. “Hybrid” regimes that combine competitive elections with nondemocratic forms of rule have proven to be highly volatile and their average longevity is significantly shorter than that of other regime types.
    [Show full text]
  • Iran and the Arab World
    e Arab Iti)rld acldresse ,, 111,- most ,Ii Nil and •,10.1 40,00 .1 Middle-East politics, With .1 1,0011;100n tkk I , tiro 1 Gulf states combined, lit rill 0141 t,,i„ ()tied leadership position in th,. , I4II lit sertion, Iran must be a part 01 ,110 hamt k oh k e Middle East in general, `i , i lean, it eneral refusal to disctiss its hoe num, taks through this barrier 01 so, it„ III1 .1,k,h, tions with Syria, 1,ebankm, 11,al, 1 1.N ',midi A1,11.1. 1 . ,110 the Gulf Cooperation Count 11 I he. 1 ,, 1111 , 111 ,- )lating the New World ()Ilk' 11) ill. 111(1 is (chard W. Runlet. Professor of Ilihtoly,, t'olti ^ 10,4 I 1 1 1%1 1 , Edited by Hooshang Amirahmadi ,b relations arc crucial tor understanding the kJaileMpOtaty e Middle East. To date, no monograph has nettled this iMptif and Nader Entessar despite the Iran--Iraq war, Iran's role in the Lehrunin, and art for radical Islamic Retires in the Atah 0,111 ban anti the admirably fills this lacuna. In a serot irn 1•,,1 essio Mat imp act of ideology, United States poll, ‘. I.-Imams with ates on Iranian•Arab relations, dies ‘,,Inint. Iii 4 11111 at the prospects for conflict and sulhons in OW / , ‘!■ .1, SO / 1 + 4 n 'ma Iran and the rid is must reading 1 / a those seek nit,' .1 niil‘ 11) 1111 1 1 1 1/1:11' , 1 \ g of Middle East politics.' ■,rie Davis, Professor of Political St is nc r, Rutyci.
    [Show full text]
  • UCLA Electronic Theses and Dissertations
    UCLA UCLA Electronic Theses and Dissertations Title Indeterminate Governmentality: Neoliberal Politics in Revolutionary Iran, 1968-1979 Permalink https://escholarship.org/uc/item/4fm253hw Author Davari, Arash Publication Date 2016 Peer reviewed|Thesis/dissertation eScholarship.org Powered by the California Digital Library University of California UNIVERSITY OF CALIFORNIA Los Angeles Indeterminate Governmentality: Neoliberal Politics in Revolutionary Iran, 1968-1979 A dissertation submitted in partial satisfaction of the requirements for the degree Doctor of Philosophy in Political Science by Arash Davari 2016 ã Copyright by Arash Davari 2016 ABSTRACT OF THE DISSERTATION Indeterminate Governmentality: Neoliberal Politics in Revolutionary Iran, 1968-1979 by Arash Davari Doctor of Philosophy in Political Science University of California, Los Angeles, 2016 Professor Kirstie M. McClure, Co-Chair Professor Mark Q. Sawyer, Co-Chair This dissertation situates the emergence of revolutionary resistance in Pahlavi Iran in parallel with the emergence of neoliberal political rationality in the Middle East. In the process, it theorizes neoliberalism anew. Through an engagement with archives of social practice in Iran and its diaspora between 1968 and 1979, neoliberalism is presented as a political rationality that involves rhetorical disavowal at root ¾ what I refer to as indeterminate governmentality. The study employs parallelism as a theoretical construct reflecting the logic of the revolutionary transformation and periodic shift at hand. The disavowals considered include renderings of a collective on individualist terms; formations of solidarity through empathy; and orientations toward order in the production of disorder. The archival material considered includes state documents; activist records, ephemera, and publications; theoretical texts; literature; popular cinema; periodicals; and ethnographic interviews.
    [Show full text]
  • US Foreign Policy and Its Perspectives on Revolutionary Iran
    A Fleeting, Forgotten, Modus Vivendi: U.S. Foreign Policy and its Perspectives on Revolutionary Iran Before the Hostage Crisis of 1979 By Nathan Eckman Senior Thesis Spring 2018 Columbia University Department of History Seminar Advisor: Matthew Connelly Faculty Advisor: Peter Awn Table of Contents 2 Preface & Acknowledgments 3 Introduction 11 Chapter One: America, The Arbiter January – December, 1978 25 Chapter Two: “The Islamic Movement Will Squander” January – April, 1979 42 Chapter Three: Dawn in Qom, Dusk in Tehran May – November, 1979 54 Conclusion 60 Bibliography Eckman 1 Preface & Acknowledgments Four years ago I was in the Middle East wearing Marine Corps combat utilities. The men I trained beside, the seas and straits my ship traveled through, and the lands my platoon traversed illuminated the complexity and richness of the Middle East as a whole. I became fascinated with the region’s history and the United States’ involvement in it. It was also then that I decided to study the region whenever and wherever I went to school. Even then, due in part to its mysterious image and rogue-classification, I knew Iran must be the topic of my studies. So to begin, I must thank Columbia University and its History Department for providing me the opportunity to make my intellectual aspirations a reality. My years at this institution have challenged me on nearly every front and simultaneously given me the autonomy to find answers for myself. This, of course, is possible only because of the people that are the fabric of this great institution. It is tempting to list every man and woman who helped me along this journey.
    [Show full text]
  • Part Two: Administrative Organization, the Balance Sheet and the Profit And
    PART TWO ADMINISTRATIVE ORGANIZATION THE BALANCE SHEET AND THE PROFIT AND LOSS ACCOUNT OF CENTRAL BANK OF THE ISLAMIC REPUBLIC OF IRAN As at the end of 1379 (March 20, 2001) 101 EXECUTIVE BOARD IN 2000/01 Mohsen Nourbakhsh Governor Mohammad Javad Vahhaji Deputy Governor Ebrahim Sheibani Secretary General Mohammad Jaafar Mojarrad Vice-Governor Akbar Komijani Vice-Governor Ali Saghafi Vice-Governor 102 MONEY AND CREDIT COUNCIL IN 2000/01 Hossein Namazi Minister of Economic Affairs and Finance Mohsen Nourbakhsh Governor of the Central Bank Mohammad Aref Vice-President and Head of Management and Planning Organization Mahmood Hojjati Minister of Agricultural Jihad Morteza Hajji Minister of Cooperation Mohammad Shariatmadari Minister of Commerce Ebrahim Sheibani Bank Expert (selected by the President) Ahmad Azizi Bank Expert (selected by the President) Hassan Fakheri Deputy Attorney General Seyyed Alinaghi Seyyed Khamooshi Head of Iran’s Chamber of Commerce, Industry and Mines Seyyed Jamal Hashemi Arabi Secretary General of Chamber of Central Cooperation Mohammad Bagher Noubakht Haghighi Member of Parliament Iraj Nadimi Member of Parliament Isa Kalantari (until 29.1.2001) Minister of Agricultural Jihad 103 NOTE-RESERVE CONTROL BOARD IN 2000/01 Mohsen Nourbakhsh Governor of the Central Bank Seyyed Abolfazl Fatemizadeh Deputy Minister of the Minister of Economic Affairs and Finance and Treasurer General Hassan Fakheri Deputy Attorney General Seyyed Kazem Mirvalad Director of the Government Auditing Bureau Seyyed Rasoul Hosseini Chairman of the
    [Show full text]
  • Persian Truths and American Self-Deception Hassan Rouhani, Muhammad-Javad Zarif, and Ali Khamenei in Their Own Words
    Persian Truths and American Self-Deception Hassan Rouhani, Muhammad-Javad Zarif, and Ali Khamenei in Their Own Words Ali Alfoneh Reuel Marc Gerecht April 2015 FOUNDATION FOR DEFENSE OF DEMOCRACIES FOUNDATION Persian Truths and American Self-Deception Hassan Rouhani, Muhammad-Javad Zarif, and Ali Khamenei in Their Own Words Ali Alfoneh Reuel Marc Gerecht April 2015 FDD PRESS A division of the FOUNDATION FOR DEFENSE OF DEMOCRACIES Washington, DC Persian Truths and American Self-Deception Table of Contents Introduction: A Decent Respect for the Written Word [in Persian] ......................................................................... 2 I: The Man and The Myth: The Many Faces of Hassan Rouhani ............................................................................. 4 II: An Iranian Moderate Exposed: Everyone Thought Iran’s Foreign Minister Was a Pragmatist. They Were Wrong. .............................................................................................................................................................................. 19 III: Iran’s Supreme Censor: The Evolution of Ali Khamenei from Sensitive Lover of Western Literature to Enforcer of Islamic Revolutionary Orthodoxy .......................................................................................................... 25 Persian Truths and American Self-Deception Introduction: A Decent Respect ever-so-short reform movement under president Mohammad Khatami) — they may have read little for the Written Word [in Persian] of the writings of the mullahs
    [Show full text]
  • Implications for Us Policy
    The Middle East Institute IRAN'S ELECTIONS: IMPLICATIONS FOR US POLICY THE MIDDLE EAST INSTITUTE • WASHINGTON, D The Middle East IS® Institute Wednesday, July 30,1997 Dolley Madison Ballroom The Madison Hotel 15th & M Streets, NW Washington, DC 20005 IRAN'S ELECTIONS: IMPLICATIONS FOR US POLICY Introduction John Calabrese, Middle East Institute 3 Khatami's Election: Implications for Iranian Politics Mehrzad Boroujerdi, Syracuse University 5 • Prospects for Democracy and Pluralism in Iran Stephen Fairbanks, Woodrow Wilson Center 8 • Referendum for Change Mohammad Mahallati, Columbia University 11 Discussion 14 Iranian-American Relations: Time to Reassess Richard Murphy, Council on Foreign Relations 16 • Prospects for US-Iran Relations: Khobar and the Sanctions Debate Gregg Rickman, Office of Senator D'Amato 20 • Towards Conditional Engagement Richard Haass, The Brookings Institution 25 • The United States and Iran: Strategic Considerations Geoffrey Kemp, Nixon Center for Peace and Freedom 28 Discussion 31 Participant Biographies 35 © THE MIDDLE EAST INSTITUTE 1761 N Street, NW Washington, DC 20036-2882 (202) 785-1141 • fax (202) 331-8861 mideasti @ mideasti.org http://www.mideasti.org/mei Introduction John Calabrese n July 30,1997, The Middle East Institute (MEI) sponsored a conference on "Iran's Elections: Implications for US Policy," which was held at the Madison Hotel in Washington, DC. The contents of this volume are the official record of the confer­ ence proceedings. This conference was organized in anticipation of the May 1997 Iranian presidential elections, though not in anticipation of the stunning election outcome. Indeed, as the confer­ ence participants acknowledge, most Western analysts, as well as many Iranians, failed to predict the election victory of Mr.
    [Show full text]
  • Iran's Political Economy Since the Revolution
    Iran’s Political Economy since the Revolution More than three decades after the Iranian Revolution reconfigured the strategic landscape in the Middle East, scholars are still trying to decipher its aftereffects. Suzanne Maloney provides the first comprehen- sive overview of Iran’s political economy since the 1979 revolution and offers detailed examinations of two aspects of the Iranian economy of direct interest to scholars and nonspecialist readers of Iran: the energy sector and the role of sanctions. Based on the author’s research and experience as both a scholar and government adviser, the book features the evolution of the Islamic Republic from its revolutionary beginnings to a system whose legitimacy is grounded in its ability to deliver devel- opment and opportunity to its cititzenry. Moving chronologically from the early years under Khomeini, through the economic deprivations of the 1980s during the Iran-Iraq War, through liberalization under Kha- tami, to the present, Maloney offers fascinating insights into Iran’s domestic politics and how economic policies have affected ideology, leadership priorities, and foreign relations. Suzanne Maloney is a senior Fellow at the Brookings Institution Center for Middle East Policy. Iran’s Political Economy since the Revolution SUZANNE MALONEY Brookings Institution, Washington, D.C. 32 Avenue of the Americas, New York, ny 10013-2473, usa Cambridge University Press is part of the University of Cambridge. It furthers the University’s mission by disseminating knowledge in the pursuit of education, learning, and research at the highest international levels of excellence. www.cambridge.org Information on this title: www.cambridge.org/9780521738149 © Suzanne Maloney 2015 This publication is in copyright.
    [Show full text]
  • Believes in Law, Believes in Planning South Korea
    Rls. 300,000 / €30 July 2016 / Nos. 78&79 www.iraninternationalmagazine.com www.iraninternational.ir Iran International, the Forum for Partners in Iran’s Marketplace South Korea Believes in Law, Believes in Planning Investment li Ashraf Afkhami, Managing financing steel, petrochemical, power We should consider treated in the same way we treat others.” Director of Bank of Industry and plant and infrastructural industries. In Iran’s cooperation He reiterated: “True that as foreign AMine in a meeting with a del- pace with foreign partners, it can further investors you are after taking advantage egation from Germany’s Global Bridges strengthen its crucial role in the original with the international of specific conditions for investment in outlined the latest economic, cultural and Iran Welcomes and creditable Iranian market. community and vice Iran. I bluntly say that business atmo- social developments in the country and Afkhami stressed: “As a bank we sphere and entering into economic mar- noted that suitable opportunities were believe that having plans and prospects versa as a specific ket within a framework of competition now available in financial, monetary and can have serious effects on cooperation. economic opportunity is very important and this atmosphere is infrastructural industries of Iran. Foreign We should consider Iran’s cooperation now available here.” Afkhami further remarked that the with the international community and that can entail positive He further remarked: “We intend to atmosphere of economic and public tran- vice
    [Show full text]
  • Part Two: Administrative Organization, the Balance Sheet and The
    PART TWO ADMINISTRATIVE ORGANIZATION THE BALANCE SHEET AND THE PROFIT AND LOSS ACCOUNT OF CENTRAL BANK OF THE ISLAMIC REPUBLIC OF IRAN As at the end of 1380 (March 20, 2002) 77 EXECUTIVE BOARD In 2001/02 Mohsen Nourbakhsh Governor Mohammad Javad Vahhaji Deputy Governor Ebrahim Sheibany Secretary General Mohammad Jaafar Mojarrad Vice-Governor Akbar Komijani Vice-Governor Bijan Latif Vice-Governor Ali Saghafi (until 13.9.2001) Vice-Governor 78 MONEY AND CREDIT COUNCIL In 2001/02 Tahmasb Mazaheri Minister of Economic Affairs and Finance Mohsen Nourbakhsh Governor of the Central Bank Mohammad Sattari Far Vice-President and Head of Management and Planning Organization Mohammad Shariatmadari Minister of Commerce Seyyed Safdar Hosseini Minister of Labor and Social Affairs Morteza Haji Minister of Education Ebrahim Sheibany Bank Expert (selected by the President) Ahmad Azizi Bank Expert (selected by the President) Mohammad Jaafar Montazeri Deputy Attorney General Seyyed Alinaghi Seyyed Khamooshi Head of Iran’s Chamber of Commerce, Industries and Mines Seyyed Jamal Hashemi Arabi Chairman, Board of Directors, Iran Chamber of Cooperative Mohammad Bagher Noubakht Haghighi Member of Parliament Iraj Nadimi Member of Parliament Hossein Namazi (until 22.8.2001) Minister of Economic Affairs and Finance Mohammad Reza Aref (until 26.8.2001) Vice-President and Head of Management and Planning Organization Mahmood Hojjati (until 22.8.2001) Minister of Agricultural Jihad Morteza Haji (until 22.8.2001) Minister of Cooperative Hassan Fakheri (until 3.12.2001)
    [Show full text]
  • ABSTRACT Who Whispers in the King's Ear, for How Long, and to What Effect? the Primary Hypothesis Guiding This Study Is That E
    ABSTRACT Title of Dissertation: TO WHISPER IN THE KING’S EAR: ECONOMISTS IN PAHLAVI AND ISLAMIC IRAN Ehsanee Ian Sadr, Doctor of Philosophy, 2013 Directed by: Professor Virginia Haufler Department of Government and Politics Who whispers in the King’s ear, for how long, and to what effect? The primary hypothesis guiding this study is that economists gain influence when the international resources they can deliver are valued and desired by the country’s political leadership; and economists lose influence when those resources are not valued or desired. Alternate hypotheses that consider the role of increasing complexity in international economic relations, epistemic communities, emulation, and economists’ political activity are also considered. These hypotheses are evaluated through a study of the experiences of economists in Iran under both the Pahlavi monarchy and the Islamic regime. Results indicate support for the primary hypothesis that economists are desired for their ability to signal competence and gain the trust of the international financial and donor communities. Surprisingly, especially in the Islamic Republic, epistemic communities of economists are also found to have been very successful in using moments of political or economic crisis to influence the worldview and economic policy preferences of political leaders. TO WHISPER IN THE KING’S EAR: ECONOMISTS IN PAHLAVI AND ISLAMIC IRAN By Ehsanee Ian Sadr Dissertation submitted to the Faculty of the Graduate School of the University of Maryland, College Park, in partial fulfillment of the requirement for the degree of Doctor of Philosophy 2013 Advisory Committee: Professor Virginia Haufler, Chair Professor Shibley Telhami Professor Karol Soltan Professor Margaret Pearson Professor Ahmad Karimi-Hakkak © Copyright by Ehsanee Ian Sadr 2013 To Allison and Ali Sadr who believed in me from the first breath.
    [Show full text]