Hossein Samsami
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Hossein Samsami
Hossein Samsami Mazra'eh Akhound (born 1967 in Najaf) is an Iranian politician and institutionalist economist, an assistant professor in the Department of Economics at Shahid Beheshti University and a representative of the 12th term of the Islamic Consultative Assembly from Tehran, Rey, Shemiranat, Eslamshahr and Pardis constituencies. In 2008, he was the interim head of the Ministry of Economic Affairs and Finance for a while, but he was not nominated to the parliament for the ministry. In 2019, he was appointed to the position of the deputy chairman of the Imam Khomeini Relief Foundation. Samsami has worked on the issue of exchange rates in Iran and defended his doctoral thesis entitled "A model for calculating the appropriate exchange rate during the structural reform of Iran" with the guidance of professor ''Mohammad Naser Sherafat Jahromi''. Samsami has published several articles in this field. According to Samsami, the free currency market is a corrupt, fake market and a ...
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Islamic Consultative Assembly
The Islamic Consultative Assembly (), also called the Iranian Parliament, the Iranian Majles (Arabicised spelling Majlis) or ICA, is the unicameral national legislative body of Iran. The parliament currently consists of 290 representatives, an increase from the previous 270 seats since the 2000 Iranian legislative election, 18 February 2000 election. History Islamic Republic of Iran Following the Iranian Revolution of 1979, the Senate of Iran was abolished and effectively succeeded by the Guardian Council, maintaining the bicameral structure of the Iranian legislature. In the 1989 constitutional revision, the ''National Consultative Assembly'' was renamed the ''Islamic Consultative Assembly''. Since the Iranian Revolution, the Parliament of Iran has been led by six chairmen. Akbar Hashemi Rafsanjani served as the inaugural chairman from 1980 to 1989. Subsequently, Mehdi Karroubi held the position in two separate terms (1989–1992 and 2000–2004), followed by Ali Akbar Nategh- ...
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Institutional Economics
Institutional economics focuses on understanding the role of the Sociocultural evolution, evolutionary process and the role of institutions in shaping Economy, economic Human behavior, behavior. Its original focus lay in Thorstein Veblen's instinct-oriented dichotomy between technology on the one side and the "ceremonial" sphere of society on the other. Its name and core elements trace back to a 1919 ''American Economic Review'' article by Walton H. Hamilton. Institutional economics emphasizes a broader study of institutions and views markets as a result of the complex interaction of these various institutions (e.g. individuals, firms, states, social norms). The earlier tradition continues today as a leading Heterodox economics, heterodox approach to economics.Warren Samuels, Warren J. Samuels ([1987] 2008). "institutional economics," ''The New Palgrave: A Dictionary of Economics''Abstract. "Traditional" institutionalism rejects the ''reduction'' of institutions to simply tastes, ...
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2024 Iranian Legislative Election
Legislative elections were held in Iran on 1 March 2024 for the first round, and on 10 May 2024 for the second round. They were held four years after the previous election in 2020. The election had a preregistration for the first time as a result of a 2023 law. Elections to the Assembly of Experts took place concurrently with the legislative elections. The elections had most moderate and reformist figures disqualified from polls. Additionally, there was a historic low voter turnout of 41%, with 5% of the ballots cast being deemed "invalid". Electoral system The 290-seat Islamic Consultative Assembly consists of 285 directly elected members and five seats reserved for the Zoroastrians, Jews, Assyrians and Armenians (one for Armenians in the north of Iran and one for Armenians in the south). The 285 directly elected seats were elected from 196 single and multi-member constituencies. In single-member constituencies, candidates had to receive at least 20% of the vote in the fir ...
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Central Bank
A central bank, reserve bank, national bank, or monetary authority is an institution that manages the monetary policy of a country or monetary union. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Many central banks also have supervisory or regulatory powers to ensure the stability of commercial banks in their jurisdiction, to prevent bank runs, and, in some cases, to enforce policies on financial consumer protection, and against bank fraud, money laundering, or terrorism financing. Central banks play a crucial role in macroeconomic forecasting, which is essential for guiding monetary policy decisions, especially during times of economic turbulence. Central banks in most developed nations are usually set up to be institutionally independent from political interference, even though governments typically have governance rights over them, legislative bodies exercise scrutiny, and central banks frequently do show resp ...
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Ali Khamenei
Ali Hosseini Khamenei (; born 19 April 1939) is an Iranian cleric and politician who has served as the second supreme leader of Iran since 1989. He previously served as the third President of Iran, president from 1981 to 1989. Khamenei's tenure as Supreme Leader, spanning over years, makes him the longest-serving head of state in the Middle East and the second-longest-serving Iranian leader of the 20th and 21st centuries, after Shah Mohammad Reza Pahlavi. A Grand Ayatollah and , he is often associated with leading the Axis of Resistance, a term used to describe a coalition of Iran-aligned groups in the Middle East. According to his official website, Khamenei was arrested six times before being exiled for three years during the reign of Mohammad Reza Pahlavi. In June 1981, after the Iranian revolution and the overthrow of the shah, he was the target of an Attempted assassination of Ali Khamenei, attempted assassination that paralysed his right arm. Khamenei was one of Iran's lea ...
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Parviz Davoodi
Parviz Davoodi (; 5 February 1952 – 18 April 2024) was an Iranian education and conservative politician who was the third first vice president from 2005 to 2009. He was a member of the Expediency Discernment Council. Biography Parviz Davoodi was born in Tehran, Iran. Davoodi graduated from Iowa State University (ISU) in 1981 with a Ph.D. in Economics. Davoodi was also an economist at Shahid Beheshti University. Although Iranian President Mahmoud Ahmadinejad was known to have conservative ideals, he taught liberal economic perspectives in his classrooms at Shahid Beheshti University. It is believed that his economic ideas were highly influenced by modern economic theory; he was for free markets and open economies. Davoodi served as the First Vice President of Iran First vice president of Iran () is defined by article 124 of the Constitution of Iran as anyone appointed by the President of Iran to lead an organization related to presidential affairs in Iran. , there are fo ...
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Iran
Iran, officially the Islamic Republic of Iran (IRI) and also known as Persia, is a country in West Asia. It borders Iraq to the west, Turkey, Azerbaijan, and Armenia to the northwest, the Caspian Sea to the north, Turkmenistan to the northeast, Afghanistan to the east, Pakistan to the southeast, and the Gulf of Oman and the Persian Gulf to the south. With a Ethnicities in Iran, multi-ethnic population of over 92 million in an area of , Iran ranks 17th globally in both List of countries and dependencies by area, geographic size and List of countries and dependencies by population, population. It is the List of Asian countries by area, sixth-largest country entirely in Asia and one of the world's List of mountains in Iran, most mountainous countries. Officially an Islamic republic, Iran is divided into Regions of Iran, five regions with Provinces of Iran, 31 provinces. Tehran is the nation's Capital city, capital, List of cities in Iran by province, largest city and financial ...
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Gini Coefficient
In economics, the Gini coefficient ( ), also known as the Gini index or Gini ratio, is a measure of statistical dispersion intended to represent the income distribution, income inequality, the wealth distribution, wealth inequality, or the consumption inequality within a nation or a social group. It was developed by Italian statistics, statistician and Sociology, sociologist Corrado Gini. The Gini coefficient measures the economic inequality, inequality among the values of a frequency distribution, such as income levels. A Gini coefficient of 0 reflects perfect equality, where all income or wealth values are the same. In contrast, a Gini coefficient of 1 (or 100%) reflects maximal inequality among values, where a single individual has all the income while all others have none. Corrado Gini proposed the Gini coefficient as a measure of social inequality, inequality of income inequality metrics, income or Wealth concentration, wealth. For Organisation for Economic Co-operatio ...
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Subsidies In Iran
The economy of Iran includes a lot of subsidies. Food items, such as flour and cooking oil, are subsidized, along with fuels such as gasoline. However cutting subsidies can cause civil unrest. The Iranian targeted subsidy plan (), also known as the subsidy reform plan, was passed by the Iranian Parliament in 2010. The government described the subsidy plan as the "biggest surgery" to the nation's economy in half a century and "one of the most important undertakings in Iran's recent economic history". The goal of the subsidy reform plan is to replace subsidies on food and energy (80% of total) with targeted social assistance, in accordance with a Five Year Economic Development Plan and a move towards free market prices in a 5-year period. The subsidy reform plan is the most important part of a broader Iranian economic reform plan. According to the government, approximately $100 billion per year is spent on subsidizing energy prices ($45 billion for the prices of fuel alone) and ...
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Ebrahim Raisi
Ebrahim Raisolsadati (14 December 1960 – 19 May 2024), better known as Ebrahim Raisi, was an Iranian politician who served as the eighth president of Iran from 2021 until 2024 Varzaqan helicopter crash, his death in a helicopter crash in 2024. He was a Twelver Shi'ism, Twelver Shia Faqīh, Muslim jurist and part of the Iranian principlists, Principlist group. Raisi was the son-in-law of Mashhad Imam of Friday Prayer, Friday prayer leader and Grand Imam of Imam Reza shrine, Ahmad Alamolhoda. He began his clerical studies at age 15. In the aftermath of the 1979 Iranian Revolution, Raisi served in several positions in Judicial system of Iran, Iran's judicial system, including as Prosecutor of Karaj, Prosecutor of Hamadan and Deputy Prosecutor and Prosecutor of Tehran. Raisi was part of the Tehran branch of what has been called the "1988 executions of Iranian political prisoners, 1988 Iran death commission". Under the direction of Ruhollah Khomeini, Grand Ayatollah Khomeini, Ira ...
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Iranian Toman
The Iranian toman (, pronounced ; from Turko-Mongolian ''tümen'' "unit of ten thousand", see the unit called tumen) is a superunit of the official currency of Iran, the rial. One toman is equivalent to 10 (old), or 10,000 (new, official) rials. Originally, the toman consisted of 10,000 dinars. Between 1798 and 1825, the toman was also subdivided into eight rials, each of 1,250 dinars. In 1825, the qiran was introduced, worth 1,000 dinars or one-tenth of a toman. In 1932, the rial replaced the qiran at par, with one toman being equal to 10 rial. Colloquially, the toman is more used than the rial. Coins Iranian gold coins were denominated in toman, with copper and silver coins denominated in dinar, rial or qiran. During the period of hammered coinage, gold toman coins were struck in denominations of , , 1, 2 and 10 toman, and later , 3 and 6 toman. With the introduction of milled coinage in AH1295, denominations included , , 1, 2, 5, 10, and 25 toman. The last gold toman were ...
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Hassan Rouhani
Hassan Rouhani (; born Hassan Fereydoun, 12 November 1948) is an Iranian peoples, Iranian politician who served as the seventh president of Iran from 2013 to 2021. He is also a sharia lawyer ("Wakil"), academic, former diplomat and Islamic cleric. He served as a member of Iran's Assembly of Experts from 1999 to 2024. He was a member of the Expediency Discernment Council, Expediency Council from 1991 to 2013, and also was a member of the Supreme National Security Council from 1989 to 2021. Rouhani was deputy speaker of the fourth and fifth terms of the Parliament of Iran (Islamic Consultative Assembly, Majlis) and Secretary of the Supreme National Security Council from 1989 to 2005. In the latter capacity, he was the country's top negotiator with the EU three, UK, France, and Germany, on nuclear program of Iran, nuclear technology in Iran, and has also served as a Shia clergy, Shia Ijtihad#Shia, mujtahid (a senior cleric), and economic trade negotiator. On 7 May 2013, Rouhani r ...
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