On 6/27/06, Jim Devine <[EMAIL PROTECTED]> wrote:
how does this different from standard nationalist populism?
What's standard nationalist populism and who is practicing that nowadays?
to what
extent will the 180% increase in expenditures in rural areas be
undermined by inflation?
The IMF says that average CPI inflation was "hovering above 15
percent" in 2004/05 and that "[r]eflecting the impact of improved
weather conditions on food prices, the price freeze on certain goods
and services -- including on highly-subsidized petroleum products --
and some exchange rate appreciation, average inflation is expected to
decline to 13 percent in 2005/06," though it expects the decline to be
temporary and exhorts -- you guessed it! -- the government to bring it
down into the single-digit range ("Islamic Republic of Iran: 2005
Article IV Consultation -- Staff Report; Staff Statement; Public
Information Notice on the Executive Board Discussion; and Statement by
the Executive Director for the Islamic Republic of Iran," April 2006,
<http://www.imf.org/external/pubs/ft/scr/2006/cr06154.pdf>, p. 8).
Take a look at Figure 2 on page 9, and you'll see that today's
inflation rate in Iran compares, if anything, favorably to what it has
been over the last eight years.
--
Yoshie
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