Global Experiences of Financial Systems in Dealing with Economic Shocks: Provide an Appropriate Strategy for the Iranian Economy to Move Towards a Resistive Economy

 

Volume 5, Issue 2, Number 3, Pages 44-56, Published Online Mar 20, 2017

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Author(s):

Ali Heydari Dizgarani and Naeim Shokri

ABSTRACT:

The Resistive economy is a method to deal with sanctions against a country or region experiencing sanctions, with the least dependence to abroad on the basic and strategic needs. In this paper, the goal is Providing Appropriate Strategies for Iranian economy to move toward a resistive economy. For this purpose, this study examines experiences of four selected countries (Nigeria, Norway, Argentina and South Korea) that dealt with economic shocks. For this reason, efforts have been made to build on statements and policies based on the general policies of the resistive economy, which was announced by the supreme leader of the Islamic Republic of Iran in February 2013. So we used the SWOT analysis method to provide strengths, weaknesses, threats, and opportunities of the Iranian economy. Some of the results of the SWOT analysis in this paper are as follows: Abandonment of oil revenues, developing Tourism industry and tourist attraction, promotion of knowledge-based economy, self-sufficiency in Agriculture and products exports, moving towards industrialization and international competition, controlling and directing Wandering liquidity, maximizing the country’s tax capacity, reducing the unemployment rate by utilizing capacity and scientific power of the country and so on. Also, at the end of the paper, aggressive, defensive, diversification, and changing direction strategies were presented for the Iranian economy.

KEYWORDS:

Resistive Economics, Iran, Global Experiences, SWOT.

References:

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