Country PESTEL Analysis: Iran

pastoral PESTEL Analysis IranDespite g everywherenmental and economic ups and big buckss and uncertainties IRAN runs one of the inwardness eastward lapse countries when it comes to the harvest-time potential. With largest young universe IRAN is considered one of the crush export markets in the region.POLITICALUnique factor is that it is religious and Muslim.The political system of Islamic republic is based on 1979 constitution. Accordingly it is duty of Islamic government to furnish all citizens with equal and appropriate opportunities.The clear revolution which is a step taken with a view to fortify the foundation of the despotic regime and to maintain the economic links.The tax surround for foreign businesses is highly risky.The corporate tax rate has been lowered to a flat 25% from the previous maximum of ab egress 60.The fiscal division starts on March 21 and ends on March 20 of an separate(prenominal) year.TYPES OF TAXIncome taxIslamic taxesReal estate taxesCapital come upon taxIndirect taxesECONOMICAL FACTORSInflation rate for IRAN is 13.50% for year 2010 era in 2009 it was 25.60%.It is transition economy with large public sector and estimated 50% of economy rudimentaryly planned. A unique feature is the large size of religious foundations whose combined budget makes up more than 30% of central government.Unemployment rate is 11.80%. According to official estimates some 3.5 million works while Persians atomic number 18 currently unemployed. The jobless rate is high among women and youth of Islamic republic.GDP- real harvest-time rate is 1.50%. GDP per capita is $ 4732.It is 18th largest economy purchasing power parity.Irans non- oil exports, excluding turgidness condensates to the Gulf Cooperation Council GCC were valued at $2.281 billion during the beginning(a) 9 months of the current Iranian calendar year (March-December, 2010), showing 25 percent over the same period last year.The economic growth prospect for IRAN in 2011 is 3. 2%. Prospects for both maturation and high income economies of Middle East and North Africa should improve through with(predicate) 2011.Oil prices are expected to remain broadly stable over the forecast period, at around $75 a barrel.Strong global activity is allowing crude oil to shine positive growth. Oil prices are expected to remain stable over forecast period at $75 per barrel.GDP growth for developing oil exporters should reach 3.1 and 3.7 percent, respectively, in 2010 and 2011.Basic statistics and populationPhysical areas domain of a function of the country 164 800 000 haCultivable area 51 000 000 ha annual crops 12 106 644 haPermanent crops 1 686 619 haPopulation come population 60 050 000 inhabitantsPopulation density 36.4 inhab./km clownish population 38.3 %Water supply coverageUrban population 95 %Rural population 86 %EXPORTS in IRANBelow are the top 10 U.S. exports to Iran during the basic 5 months of 2010.Soybeans $50.3 million, up 3.2% from 2009 (54.7% of total)Chemical wood pulp $11.4 million, up 87.7% (12.4%)Other acrylic polymers $4.5 million, down 21.1% (4.9%)Other blood fractions $3.6 million, down 38.4% (3.9%) bovine semen $3.4 million, up 90.9% (3.7%)Multiple vitamins $2 million, down 33.3% (2.2%)Patient supervise systems $1.5 million, up 93.5% (1.7%)Other vitamins including natural concentrates $1.49 million, up from nil in 2009 (1.6%)Insulin and its salts $1.4 million, up from nil (1.5%)Heparin and its salts $1.1 million, down 81.3% (1.2%).Mostly agricultural and medical items, the top U.S. exports above represent 87.9% of all American shipments to Iran.IMPORTS in IRANU.S. imports from Iran amounted to $29.6 million during the initial 5 months of 2010, up 3.2% from 2009.Hand-hooked carpetsof wool or fine animal hairs-breadth U.S.$16.9 million, up 8.2% (61.7% of total)Berry juice $4 million, up 10,757% (13.5%)Shelled pistachios $1.3 million, up 148.8% (4.4%) past antiques 1.2 million, down 72.9% (4.1%)Untufted or unflocked man-made fiber carpets $805,000 up 520.8% (2.7%)Hand-knotted framework carpets $612,000 down 67.4% (2.1%)Hand-woven wool carpets $402,000 down 11.2% (1.4%)Fresh or dried figs $300,000 up 418% (1%)Hand-inserted pile carpets of wool or fine animal hair $274,000 up 1,543% (0.9%)Saffron $270,000 up 69.4% (0.9%).The above products represent 92.7% of all Iranian imports into the unite States so far in 2010.Iranian carpets remain among the most common imported items from Iran.SOCIAL FACTORSGovernment and people are not working together. Chances are much that Taliban is able to strengthen the base.The atomic laboratory that is serviceable here is also a cause of big tension.Obama administration is making the other countries of the world to also bring their attention towards Iran and come out with the ways in which it could be subjected to rebuilding its view towards Iran.In Iran, the family is the infrastructure of the favorable structure.The concept of family is m ore private than in many other cultures. Female relatives must be protected from outside influences and are taken care of at all times. It is inappropriate to ask questions about an Iranians wife or other female relatives.Loyalty to the family comes before other social relationship, even business.Iranians see themselves as having two distinct identities zaher (public) and batin (private).When they are in public, they must conform to accepted modes of behaviour. It is only within their homes among their versed tidy sum that they feel free to be themselves. Family members are always part of the inner circle.The inner circle forms the basis of a persons social and business network. experience is very important and extends into business. The people from the inner circle can be relied upon to offer advice, help find a job, or cut through bureaucracy.HEALTH AND WELFAREHealth conditions have been improved after cosmea War 2. Many of the disease such as small pox, epidemic cholera hav e been wiped out.Public hospitals are there which provides treatment to the poor.All health services are supervised by ministry of health, Treatment and medical education. scientific FACTORSNanotechnology in fields helping to make best quality products at lower cost.IT companies collaborating to access the market.Inventions and innovation rate.Mechanization trend in the country.Irans apparently clandestine efforts to build a nuclear weapons program are a major foreign policy challenge for the Obama administration.ENVIRONMENTAL FACTORSVehicles emissions, refinery operations, industrial effluents which collapse to por air quality.Most cars here use leaded gas and inadequacy emission control equipment.Buses and cars running on natural gas are planned to replace the existing public transportation fleet in nature.Iran is suffering from overgrazing and deforestation. Wet land and bodies of fresh water are creation destroyed as industries are increasing.It contends that the internati onal rush to develop oil and gas reserves in the Caspian Sea presents that region with a untested set of environmental threats.To evaluate the prevalence of overweight and obesity among Iranian adolescents and their relationship with modifiable environmental factors.POTENTIAL SOURCES USING PORTERIRAN first nuclear power which has born after many years. Russia is helping IRAN for introduction nuclear power.Iran is already an irritant and potential source of crisis in Turkish-American relations. capital of Turkey has significant economic ties and energy contracts with Tehran. The total trade volume betwixt the two countries is $10 billion and expected to double in the neighboring three years given Turkeys growing need for natural gas and willingness to lessen its dependence on Russia.With continued Israeli threats to attack Irans nuclear program Iran has a right to defend its skies against attackers. Iran has signed an arms acquire with the Russian Roso boron export arms group t o buy 250 Su-30 MKM warplanes and 20 Il-78 MKI aerial tankers.THREATSThe US is dispatching Patriot defensive missiles to four countries Qatar, united Arab,Bahrainandcapital of Kuwait and keeping two ships in the Gulf capable of shooting down Iranian missiles.ANALYSISIRAN is one of the few major economies that have kept positive growth despite 2009 global financial crisis and international sanctions relating to nuclear power. Distortion resulting from combination of price control and subsidies particularly on solid food and energy continues to weigh down the economy. There is wide spread turpitude relating to private growth. High oil prices this year have enabled IRAN to amass US$100 billion in foreign exchange reserves. But there is still double digit unemployment and inflation in economy.GDP growth for developing oil exporters reached 3.1 and 3.7 percent, respectively, in 2010 and 2011.BIBLOGRAPHYhttp//www.payvand.com/news/10/jan/1220.htmlhttp//www.indexmundi.com/iran/gdp_real_g rowth_rate.htmlhttp//www.cbsnews.com/stories/2010/07/01/world/main6639202.shtmlhttp//en.wikipedia.org/wiki/ consignDemoIR.JPGhttp//en.wikipedia.org/wiki/FileIraneco.PNGhttp//en.wikipedia.org/wiki/Iranhttp//analysis.newsvine.com/http//en.wikipedia.org/wiki/History_of_the_Islamic_Republic_of_Iran