{
"authors": [
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The Economic Impact of Lifting Sanctions on Iran
Thu, August 27th, 2015
Washington, DC
A new World Bank report assesses that the removal of economic sanctions against Iran could significantly boost economic growth in Iran—including $15 billion in annual oil revenue—while potentially reducing global oil prices as much as 14 percent in the short run, depending on OPEC’s response, and opening up a significant market for exports.
Drawing from the report’s systematic and comprehensive analysis, Shantayanan Devarajan discussed the economic and geopolitical implications of Iran’s potential reentry into the global economy. Carnegie’s Uri Dadush discussed the economic consequences and Karim Sadjadpour will moderate.
Shantayanan Devarajan
Shantayanan Devarajan is the chief economist of the World Bank’s Middle East and North Africa region.
Karim Sadjadpour
Karim Sadjadpour is a senior associate in the Carnegie Endowment’s Middle East Program.
Uri Dadush
Uri Dadush is a senior associate at the Carnegie Endowment for International Peace working on international economics.
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
Event Speakers
Shantayanan Devarajan
World Bank
Karim Sadjadpour
Senior Fellow, Middle East Program
Karim Sadjadpour is a senior fellow at the Carnegie Endowment for International Peace, where he focuses on Iran and U.S. foreign policy toward the Middle East.
Uri Dadush
Former Senior Associate, International Economics Program
Dadush was a senior associate at the Carnegie Endowment for International Peace. He focuses on trends in the global economy and is currently tracking developments in the eurozone crisis.