How Command Economy Impacts Stock Market

EghtesadOnline: Some governments have nurtured the disingenuous idea that they know the interest of the people better than the people themselves and, therefore, interfere in every issue. But at present, the impact of this type of administration can be seen vividly.

News ID: 752722

Some governments have nurtured the disingenuous idea that they know the interest of the people better than the people themselves and, therefore, interfere in every issue. But at present, the impact of this type of administration can be seen vividly.

The situation in Iran today is the result of the same guardian-like attitude of the governments during the past 100 years, Alireza Tavakkoli Kashi, a capital market analyst, said in a write-up for the Persian daily Donyay-e-Eqtesad.