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Government interventions in the economies of developing countries
frequently do not achieve their intended goals. Policymakers'
expectations often fall wide of the mark when compared with actual
behavior of consumers, producers and businessmen. In an important
study that has wide significance for the field of development
economics as a whole, Hadjikhani and Amid study the impact of trade
and industrial policies on the economy and business behavior of
Iran. Part one of the book deals with the impact of government
policy on various aspects of foreign trade, while the second part
studies the effects of various industrial relationships of Iranian
firms with their foreign partners.
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