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The Economic Modernisation of Iran, 1953–1968

Architects, Agents, and Unwitting Thwarters

Ali Rahnema

$59.99

Hardback

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English
Oneworld Publications
31 March 2026
In 1953, Iran was at loggerheads with the US and UK, after Prime Minister Mossadegh nationalised Iran’s oil reserves. By 1968, under the autocratic rule of the Shah, Iran was a booming export economy, benefiting from high oil prices and consumer demand. It had unambiguously become a modern industrial economy. Sifting through primary and secondary sources, Ali Rahnema charts Iran’s progress in this vital fifteen-year period. He asks, who can claim the credit? And who bears the blame for its critical failures?
By:  
Imprint:   Oneworld Publications
Country of Publication:   United Kingdom
Dimensions:   Height: 234mm,  Width: 153mm,  Spine: 37mm
ISBN:   9781836430988
ISBN 10:   1836430981
Pages:   448
Publication Date:  
Audience:   Professional and scholarly ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active

Ali Rahnema is Professor of Economics at the American University of Paris. He is the author of Call to Arms: Iran’s Marxist Revolutionaries, The Rise of Modern Despotism in Iran and An Islamic Utopian: A Political Biography of Ali Shari‘ati.

Reviews for The Economic Modernisation of Iran, 1953–1968: Architects, Agents, and Unwitting Thwarters

'This is a ground-breaking study of the economic dimension of the modernisation of Iran in the second Pahlavi period. Despite its fundamental importance, the economic history of Iran has, until now, been largely eclipsed by a concentration on politics and ideology. With his book Ali Rahnema, using a finely granular analysis, has taken this Cinderella of the social sciences and restored it to its true centrality, placing it at the heart of the fifteen key  years between the coup of 1953 and the beginning of the fourth Five Year Plan in 1968. The book is important and original, offers new  challenges to scholarship on modern Iran, and will undoubtedly become a classical account of its subject.' Stephanie Cronin, author of Social Histories of Iran


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