Main Problems on Iran's Economy

Dr. Masoud Nili from Sharif University, Tehran, lists the main problems of Iran's Economy in Rastak (a website of Iranian Economists in Farsi). Find the complete paper here:

1) The size of government and its role in economy is huge and growing.
2) There is a huge amount of "hidden" subsidy in economy. The biggest one is the energy subsidy which reaches the amount of almost $50 billion per year.
3) There is a growing budget deficit that worsen by expansionary policies.
4) Inflation. An average of 18 percent per year for a long time.
5) Instability in government policies including its fiscal policy. It commits to things that can not afford.
6) Almost constant nominal exchange rate for a long time in presence of a considerable difference between domestic and foreign inflation rate.
7) No effective relationship with world economy (except in Oil section).
8) Lack of an efficient social security system. The poverty is worrisome.
9) A tendency towards price control policies especially when the inflation is high.
10) Small, weak and inefficient private sector. Government monopoly leaves a small area for private sector.
11) Dependency to oil revenue.
12) Lack of compatibility. The only products that can be exported are those who rely on natural resources, not on innovation.
13) Monopoly in wide areas of economy.

Each case needs reliable data and a vast amount of elaboration to be understood.