Comparison of economic policies of the governments of the Islamic Republic of Iran and the United Arab Emirates And examining the position of foreign investment in their economic policies From 2005 to 2020

Document Type : Original Article

Authors

1 PhD Student in Political Science / Public Policy, Zanjan Branch, Islamic Azad University, Zanjan, Iran.

2 Assistant Professor, Department of Political Science, Zanjan Branch, Islamic Azad University, Zanjan, Iran.

Abstract

The main purpose of this study is to "compare the economic policies of the governments of the Islamic Republic of Iran and the United Arab Emirates and examine the position of foreign investment in their economic policies from 2005 to 2020." In this regard, Walt Rostow's step model (in the context of production-based developmental theories) is used. Rosto, unlike many development thinkers, believes that natural resources, including oil, in the form of capital resources, along with factors such as modern, institutional, and legal government — albeit a soft dictatorship — act as a positive and accelerating factor in increasing per capita income. Increasing the accumulation of capital and wealth plays a constructive role during the historical processes of development, especially the transition from the traditional stage to the pre-economic stage and also the transition from the stage of economic leap to the stage of economic maturity (pre-mass stage). The hypothesis that "oil revenues - as a fundamental factor along with supporting factors such as rule of law and foreign capital" has led the UAE to pursue a particularly expansionary economic policy since 2005 in areas such as Economic growth, increase of national income, decrease of unemployment, etc. should take place at a great distance from the Islamic Republic of Iran. The results show that factors such as the ideological nature and differences in the views of the rulers of the Islamic Republic of Iran on concepts such as national interests, international system, globalization, etc.

Keywords

Political Sociology of Iran
Volume 5, Issue 3
June 2022
Pages 1420-1438

Files

Share

How to cite

Statistics