Economy of Iran |
اقتصاد ایران |
A look at Iran's Economy. I wonder if I should combine this with the "
Economic Development" Category under "Planning Elements"? How to distinguish this?
Iran, as a country, does not appear to be innovative or inventive. Let's not even compare it to America or Japan. Let's compare it to Uganda. Using "patent applications" as a measure of innovation, and using
UN data current through 2002, we see that Iran, a middle income country with a population of almost 70 million, had, in 2001, applied for 993 patents (their maximum, by that date), while Uganda, a poor country with a population of 24 million, applied for 150,408 patents. Big difference.
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It's not how much rent you pay for your apartment. Rent-seeking, in the words of The "
Economist" is:
Cutting yourself a bigger slice of the cake rather than making the cake bigger. Trying to make more money without producing more for customers.
"The Cake", here, of course, refers to collective resources or benefits.
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