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      • Open Access Article

        1 - Iran's Paradox of Oil and Development
        Mohammad Sharifi
        In the th century, the era of modern colonialism, the industrial colonial countries' policy for earning the national wealth and resources of developing countries was based on changing their economy into a monocultural one by the use of political, economical and military More
        In the th century, the era of modern colonialism, the industrial colonial countries' policy for earning the national wealth and resources of developing countries was based on changing their economy into a monocultural one by the use of political, economical and military techniques and, if needed, controlling these countries through economic forces and wresting their resources in order to have unceasing access to raw material and appropriate fuel for their country. In Iran, oil has had such a role in the economy for years. The historical evidences of Iran's economy is an indicator of Iranian policy makers will for making a change in the field of oil in order to make socio-economic developments in the past and the present. That Iran's economy suffers from the Dutch disease is the direct result of earning and spending oil incomes . Changing the stance towards oil, from income–based to capital–based can be the initiation of turning losses to profits in anoil economy. Manuscript profile