Struggling Iran Officially Joins Rest of World In Seeking to Emulate China’s Growth
May 18, 2007With its economy a complete disaster and nature’s bounty rapidly diminishing, Iran is studying Chinese growth with the hope of jumpstarting its own economy (and without opening up political processess).
The Journal’s story notes that Iran is very unlikely to succeed on export-growth because it is not a low-wage economy. So, while it still needs to diversify away from near-total dependence on energy revenues, the “Chinese model” isn’t going to cut it in Iran.
This story makes me think that there are truly two certainties these days:
1. All countries are chasing (lusting) after China’s high, sustained growth rate.
2. Anti-American governments are magnetically attracted to China.
This situation will likely persist for many years to come. How awkward!
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China, Growth, Iran, Sustainable Development | 
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Posted by Ben Landy
