Industrializing an Oil-Based Economy: Evidence from Iran’s Auto Industry ,Journal of International Development, June 2020,
Two theoretical paradigms namely, the ‘resource curse’ and ‘developmental state’ would predict that industrial development in countries with abundance of capital-intensive natural resources and in states with patrimonial tendencies is doomed to failure. Iran’s success in developing a dynamic auto industry, which in 2011 became the world’s 12th largest automobile manufacturer with 1.6 million vehicles produced per year seems to contradict these perspectives. How was this technical capacity created in an oil-based economy—which provides little […]