On the eve of the Iranian presidential election in May, Iranian President Rouhani has much to feel good about. Thanks to his tireless efforts, Iran’s economy has moved from a recession in 2015/2016 to 7.4% GDP growth in the first half of 2016/2017. But U.S. President Trump’s opposition to the nuclear agreement could deter investment and trade with Iran and threaten to turn Iran’s recovery into another painful recession for the embattled Iranian people. Download paper here.
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