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Sanctions, Resilience, and the Paradox...

Sanctions, Resilience, and the Paradox of Economic...

Sanctions, Resilience, and the Paradox of Economic Survival: A tale of two nations, by Dr Abdullahi Buba

Sanctions, Resilience, and the Paradox of Economic Survival: A tale of two nations, by Dr Abdullahi BubaSometimes, a single personal financial experience illuminates macroeconomics far better than pages of abstract data. On January 1, 2020 (11 Dey 1398), I deposited 24 million IRR into an account domiciled at Bank Melli’s Ferdowsi University of Mashhad branch in Iran. At the prevailing exchange rate, that deposit was worth approximately $200. Today, that same amount has plummeted to less than $10 on the open market, where the US dollar recently breached the...

Sanctions, Resilience, and...

Sanctions, Resilience, and the Paradox of Economic Survival: A tale of two nations, by Dr Abdullahi BubaSometimes, a single personal financial experience illuminates macroeconomics...
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