The unintended consequences of US-led sanctions on Iranian industries

Majidpour, Mehdi (2013) The unintended consequences of US-led sanctions on Iranian industries. Iranian Studies, 46 (1). pp. 1-15. ISSN 0021-0862

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This paper aims to understand the consequences of US-led sanctions on two important industries in Iran: the oil and gas industry and power plant construction. Using qualitative methods and providing empirical evidence, this paper demonstrates the shortcomings of the pro-sanctions argument in the Iranian context. This paper argues that pro-sanctions literature is more inclined towards American politics; it ignores socially recurring effects such as empowering self-reliance in the target country. In the Iranian context, while sanctions regimes are beyond the control or power of industry managers, they have acted as a double-edged sword. On one hand, the sanctions have imposed extra costs on domestic companies in acquiring technological knowledge. On the other hand, they have stimulated policy-makers' determination and empowered a self-reliance doctrine amongst them.

Item Type: Article
Schools and Departments: School of Business, Management and Economics > SPRU - Science Policy Research Unit
Subjects: H Social Sciences > HD Industries. Land use. Labour > HD0028 Management. Industrial Management
J Political Science > JA Political science (General) > JA0086 Study and teaching. Research
Depositing User: Mehdi Majidpour
Date Deposited: 19 Oct 2013 11:07
Last Modified: 13 Mar 2017 10:53

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