Eskandar Sadeghi-Boroujerdi
9 October 2012


  1. Executive Summary
  2. The Logic behind Western Sanctions
  3. Great Power Rivalry and Sanctions
  4. Loss of Iranian Oil Export Revenues
  5. Revolutionary Guards’ Economic Consolidation
  6. Sanctions Targeting Iranian Financial and Banking Sector
  7. The Weak Rial
  8. Mounting Difficulties
    • a) Health Sector
    • b) Private Sector
  9. Mitigating the Effects of Sanctions
  10. Price Increases and Inflation
  11. Domestic Political Repercussions
  12. Conclusion
  13. The Efficacy of Sanctions
  14. Notes and References


About the Author

Eskandar Sadeghi-Boroujerdi is Iran Researcher at the Oxford Research Group’s Middle East programme. From 2010-2011, he taught International Relations of the Middle East at the School Oriental and African Studies (SOAS), University of London. Eskandar Sadeghi-Boroujerdi is a doctoral candidate at Queen’s College, University of Oxford. He has published widely on Iranian political affairs and is also Editor of ‘Iran Pulse’, a blog that reports and analyses the Iranian press, for the New York-based news and analysis website, ‘Al-Monitor’. The author would like to thank Sir Richard Dalton, Professor Paul Rogers, Chris Langdon, Reza Sanati, Gabrielle Rifkind, Vera Evertz, and Lisa Hashemi for their comments, feedback, editing help and support.