The Iranian Diaspora as a Conduit for Western Technology, Capital, and Know-How to Revitalize the Iranian Economy

Abstract

This chapter seeks to highlight the important role that the Iranian diaspora will have in a post-sanctions Iranian economy by mapping its political economy. In a 10-year period of analysis, I show that Iran remained a mostly patrimonial state that also became slightly less statist over, yet showed the potential for liberal economic reform. Thus, even though Iran may seek to incorporate liberal economic policies, patrimonial and statist elements will remain quite strong within Iran’s economy for years to come. The key asset of the Iranian diaspora then will be its integration with Western societies. This depth will allow expatriates to bridge the information gaps that will undoubtedly develop as foreign direct investment increases. Most foreign firms will find this expert guidance quite valuable when attempting to navigate the Iranian political economy.

Citation

Bozonelos, D.N. (2015), "The Iranian Diaspora as a Conduit for Western Technology, Capital, and Know-How to Revitalize the Iranian Economy", Reintegrating Iran with the West: Challenges and Opportunities (International Business and Management, Vol. 31), Emerald Group Publishing Limited, Leeds, pp. 75-89. https://doi.org/10.1108/S1876-066X20150000031010