Iran: Capitalism, Islam-style

The article focuses on the Iranian economic rebuilding efforts in the wake of the war with Iraq. Regarding foreign loans, the nation's policy has been to accept foreign money as long as it is being put to use in sectors most crucial to the country's economy. According to the government, the high priority enterprises during this recovery are, to name a few, mining, metal manufacturing, and power plants. The foreign capital procured will primarily be applied toward the oil and gas industries. Investors have been invited to join in the efforts of National Iranian Oil Company, though the shaky condition of the Middle East has been known to make investors shy away from such offers. Other parts of the Iranian economy open to investment are the renewed Tehran Stock Exchange and a great multitude of privatized companies. The author notes that many of these opportunities are primarily for locals. If Iran's economy is to bounce back, it needs either plentiful foreign investment or a rise