Growth Potential
See also: Next Eleven and Iranian Economic Reform PlanAccording to experts, the economy of Iran has many investment opportunities, particularly on its stock exchange. The Central Bank of Iran indicate that 70 percent of the Iranians own homes with huge amounts of idle money entering the housing market. However, if the stock market grows stronger, it will undoubtedly attract idle capital. In terms of investment, the domestic rival markets of the bourse are the Iranian real estate market, cars and gold (with gold being used as a store of value, a hedging tool against hyperinflation and the devaluation of the Rial). According to Goldman Sachs, Iran is forecast to reach the highest economic growth between 2015 and 2025 and join the world's largest economies (world's 12th economy by 2025).
Read more about this topic: Tehran Stock Exchange
Famous quotes containing the words growth and/or potential:
“Hence, the less government we have, the better,the fewer laws, and the less confided power. The antidote to this abuse of formal Government, is, the influence of private character, the growth of the Individual; the appearance of the principal to supersede the proxy; the appearance of the wise man, of whom the existing government, is, it must be owned, but a shabby imitation.”
—Ralph Waldo Emerson (18031882)
“Most days I feel like an acrobat high above a crowd out of which my own parents, my in-laws, potential employers, phantoms of other women who do it and a thousand faceless eyes stare up.”
—Anonymous Mother. Ourselves and Our Children, by Boston Womens Health Book Collective, ch. 2 (1978)