Sanctions – to What Extent Does Iran Feel the Pain?

[Casino67]

VOANews.com:

Iran has claimed on numerous occasions that international sanctions intended to curb its nuclear ambitions are having little to no impact. Few in West believe that this is true, but there does not seem to be much consensus on exactly how well existing sanctions work. Some even say that many of Iran’s hardships are not even due to external factors, but self-imposed through gross economic mismanagement.


VOA’s Susan Yackee spoke on the subject with Center for Strategic and International Studies senior advisor Faridorz Ghadar. He says that sanctions have had their impact on Iran’s economy and environment over the years, but that it is widespread mismanagement and the absence of a meritocracy that have probably proven more devastating for the Islamic Republic.

“If you compare Iran’s economy in 1980, right after the revolution, to today's, it’s just been a miserable performance,” said Ghadar.



Sanctions seem to be working. How long can the ruling class keep the rabble under control?