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The Nobel Economics Prize Rewards Bank Run Breakthroughs

Ones and Tooze

CHAPTER

Iran Is Not Coming Close to Meeting Its Economic Potential

Iran has $100 billion in assets frozen abroad under the sanctions regime. It could be exporting 2 million barrels of oil per day over and above what it currently does, which would earn it at current prices about $70 billion a year. "It has the potential to be a kind of Germany, I think, of the Middle East with a very strong engineering base"

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