Tag: Inflation

The Risk Posed by Global Inflation

The Risk Posed by Global Inflation

Since the reopening of national economies after COVID-19 lockdowns, inflation has been rising around the world. This change in the macroeconomic environment caught policymakers off guard in terms of adapting inflation forecasting models and assessing the causes of this evolution. As a result, old...

Iran: From Hyperinflation to Stability?

Iran: From Hyperinflation to Stability?

Economic progress in Iran is tentative and likely quite fragile. With the announcement on Saturday night that Iran and the P5+1 group reached a tentative deal over the Iranian nuclear program, the Iranian rial appreciated 3.45% against the dollar on the black market. The rial jumped from 30,000...

On the Failure of the Iranian Sanctions

On the Failure of the Iranian Sanctions

Iranians have become adept at circumventing economic sanctions which, even if perfectly implemented, would be unlikely to stop Iran’s nuclear aspirations. Diplomacy is the only viable solution. In light of Senator Chuck Hagel’s appointment as US Secretary of Defense, the issue of Iran...

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