Institutional Economic Policy in Iran: Strategies, Process and Challenges

Structural facts indicate that a considerable part of Iran’s economic and social challenges have arisen out of the institutionalization of social rules and formulation of a specific pattern of production, distribution and competition equation in the Iranian economic policy. The paper’s hypothesis emphasizes that “the institutional economic policy can play an effective role in controlling Iran’s economic and social challenges.” For the purpose of conducting this study, the institutional development approach and Evans’ theory were drawn on to delineate the role of a developmental state. The data analysis and content analysis methodology was used to prepare this article.