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(John Hannent) #1

  1. IRAN AND DUBAI LEAD THE WAY187

  2. IRAN AND DUBAI LEAD THE WAY

  3. Hossein Mahdavy, “The Patterns and Problems of Economic Development in Rent-
    ier States: The Case of Iran,” in Studies in the Economic History of the Middle East,
    ed. M. A. Cook (London: Oxford University Press, 1970), 428– 67.

  4. International Monetary Fund, “Energy Subsidy Reform: Lessons and Implications”
    ( W a s h i n g t o n : I M F , 2 0 1 3 ) , h t t p s : / / w w w. i m f. o r g / e n / P u b l i c a t i o n s / P o l i c y - P a p e r s / I s s u e s
    / 2 0 1 6 / 1 2 / 3 1 / E n e r g y - S u b s i d y - R e f o r m - L e s s o n s - a n d - I m p l i c a t i o n s - P P 4 7 4 1.

  5. Lin Noueihed, “Smuggling to Iran Rife in Dangerous Gulf Waters,” Reuters, May 12,



  6. Dominique Guillaume, Roman Zytek, and Mohammed Reza Farzin, “Iran: The
    Chronicles of Subsidy Reform” (Washington: International Monetary Fund, 2011),
    h t t p : / / w w w. g r e e n fi s c a l p o l i c y. o r g / w p - c o n t e n t / u p l o a d s / 2 0 1 3 / 0 8 / I r a n - Th e - C h r o n i c l e s



  • o f - t h e - S u b s i d y - R e f o r m 1. p d f.



  1. Guillaume, Zytek, and Farzin, “Iran.”

  2. “The Implementation of Targeted Subsidies Starts Today with Public Participation,”
    Iran, December 19, 2010.

  3. “The Implementation of Targeted Subsidies Starts Today with Public Participation.”

  4. Guillaume, Zytek, and Farzin, “Iran.”

  5. Lester C. Thurow, “Cash Versus in- Kind Transfers,” American Economic Review 64,
    no. 2 (1974): 190– 95; Paul Segal, “Resource Rents, Redistribution, and Halving Global
    Poverty: The Resource Dividend,” World Development 39, no. 4 (2011): 475– 89.

  6. Initial public support is documented in International Monetary Fund, “Energy Sub-
    sidy Reform”; Guillaume, Zytek, and Farzin, “Iran.” See also Hamid Tabatabai, “The
    Basic Income Road to Reforming Iran’s Price Subsidies,” Basic Income Studies 6, no. 1
    (2011): 1– 24.

  7. Paolo Verme, “Subsidy Reforms in the Middle East and North Africa Region: A
    Review,” working paper (Washington: World Bank, July 2016), 11, https: //papers .ssrn
    . c o m / s o l 3 / p a p e r s. c f m? a b s t r a c t _ i d=2812302.

  8. “Second Phase of Subsidy Reform Plan to Await Budget Approval,” Middle East Eco-
    nomic Survey, April 30, 2012, 17– 18. See also “Petrol Rationing Saves Iran $38 Billion:
    Official,” Tehran Times, December 31, 2011.

  9. Najmeh Bozorgmehr, “Subsidy Dispute Adds to Iran’s Woes,” Financial Times, 2012;
    International Monetary Fund, “Energy Subsidy Reform.”

  10. International Monetary Fund, “Energy Subsidy Reform.”

  11. International Monetary Fund, “Islamic Republic of Iran: Selected Issues,” Country
    R e p o r t ( W a s h i n g t o n : I M F , D e c e m b e r 2 0 1 5 ) , 1 1 , h t t p s : / / w w w. i m f. o r g / e x t e r n a l / p u b s
    / ft / s c r / 2 0 1 5 / c r 1 5 3 5 0. p d f.

  12. “Rouhani: Protests Are an Opportunity,” Tehran Times, January 1, 2018, http: //www
    . t e h r a n t i m e s. c o m / n e w s / 4 1 9 9 1 2 / R o u h a n i - P r o t e s t s - a r e - a n - o p p o r t u n i t y.

  13. I discussed its details with an adviser in the Saudi Ministry of Petroleum and Miner-
    als, October 17, 2012. The official displayed a thorough understanding of the Iranian
    reforms and their relevance for the kingdom.

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