Examining the Impact of Sanctions and the Aftermath of the JCPOA on Iran’s Economy

Abstract

Today, various countries worldwide have managed to eliminate many obstacles that have been in the way of improving the welfare of their people over the years by developing international relations. Two of the most significant obstacles are securing financial resources and gaining access to technology and the market. Implementing sanctions against target countries indicates that economic sanctions have failed to improve the human rights situation and exacerbated it. One of the main levers of economic sanctions is restricting access to economic resources, the most important of which is international trade. The imposition of sanctions against Iran has caused a fundamental disruption in the global economic system. This disruption is now evident in the form of high financial costs and a lack of access to a reliable market for product sales, deepening the technological gap and cheap access to the resulting benefits. This research examines the impact of lifting sanctions and the post-JCPOA era on Iran’s economy.