Iran’s economy is characterized by its hydrocarbon, agricultural, and service sectors, as well as a noticeable state presence in the manufacturing and financial services. Iran ranks second in the world for natural gas reserves and fourth in proven crude oil reserves. While its economic base is relatively diversified for an oil exporting country, economic activity and government revenues still rely on oil revenues and have, therefore, been volatile.
High inflation, increased gasoline prices in 2019, economic slowdown, and the economic shock caused by COVID-19 have given rise to concerns about household welfare and poverty. In the short-term, the fall in labor market incomes alone may lead to a 7-percentage point increase in poverty World Bank, 2020).
Funding opportunities
Related articles
Gender equality is not only a basic human right, but its achievement has enormous...
Reflections from Sahar Imam, Rania Abu Ramadan, Joanne Rowland and Alzhraa Alkhatib and Iain Stewart. This article draws on a virtual focus group discussion on gender equality between female...
Pernambuco is a state in northeast Brazil. Four years of a repressive right-wing government...
Global Challenges Research Fund
We help UK and international researchers and innovators address the key issues affecting developing countries.
Newton Fund
We build research and innovation partnerships with countries in Africa, Asia and Latin America to support social and economic welfare, tackle global challenges and develop talent and careers.