Resistive economy

See also: Mercantilism

Resistance economy is a way to circumvent sanctions against a country or region experiencing sanctions. This can involve increasing resilience by substituting local inputs for imported inputs, the smuggling of goods and an increase in barter trade. A country may even attempt to turn these pressures into opportunities. In some ways sanctioned economies bear some resemblance to an economy on a war or emergency footing.[1]

Measuring economic activity in nations under sanctions requires different techniques than those used for other countries.

History

The term was first used in 2005 in relation to the Gaza strip.

Gaza

In September 2007 Israel imposed a blockade on Gaza, focussed on weapons and construction materials that could be used for terrorist purposes. At its height, the blockade also limited agricultural imports and exports via Israel. Imports and exports via Egypt have been subject to varying Egyptian policies, with Egypt at times also greatly restricting traffic as an "anti-terrorist" measure.[2]

Iran

See also: Economy of Iran

Iran has been under increasing sanctions owing to its disputed nuclear program. The response has emphasized reliance on domestic capacities, reducing dependence on oil exports and developing barter trade and an import substitution industrialization.[3][4] In detail, it encourages increased exports of electricity, gas, petrochemicals, and oil byproducts instead of crude oil and other raw materials, expansion of the production and exportation of knowledge-based products, increase in domestic production of strategic goods, development of markets in neighboring countries, reforming consumption patterns and fighting corruption.[5][6]

See also

References

  1. ↑ "Iran develops economy of resistance" by Najmeh Bozorgmehr in Isfahan; Financial Times; September 12, 2012
  2. ↑ A Multi Criteria Crop Planning Model Based on the "Resistive Economy" Characterizing the Situation in Gaza Strip. Faculty of Islamic Studies - Sustainable Growth and Inclusive Economic Development from an Islamic Perspective
  3. ↑ Iran mulls cut to crude oil sale
  4. ↑ Ali Akbar Dareini: Iran Leader Unveils 'Economy of Resistance'. Associated Press, February 19, 2014. Retrieved February 19, 2014.
  5. ↑ http://english.farsnews.com/newstext.aspx?nn=13921213000830
  6. ↑ http://english.farsnews.com/newstext.aspx?nn=13940118000995

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