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Iran's great potential and its challenges!

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Iran's flawed democracy is still better than most of the political systems among other countries in the region. For the past few decades the morality police, prodded by religious literalism, have mandated women to cover themselves when they are out in public. This same religious literalism has impeded the potential of a country that has a large population, in a key geographic region, with oil and other natural resources.

Iran is in the midst of a presidential election that has stimulated much heated debate among the population about the failures of the current government in economic and political terms, and that has created a feeling of isolation. The isolation is more than a feeling, and it has limited the growth of the nation to something far less than its capabilities.


If the nation's leaders would set the minds and ambitions of the population free to learn, invent, communicate and express itself openly without the threat of political oppression or retribution then the people, 70% of them under the age of 30, would shock the world in a positive way.

They would start to make a significant contribution to the world economy. They have a large enough population to support a strong internal economy. They have more universities with a broader range of courses than most other countries in the region.

They have strong programs in science, medicine, engineering and more, areas that we need to re-emphasize. In California thousands of Persian engineers and other professionals that immigrated here with their diplomas from their homeland are major participants in all professions. I am confident this is consistent in other parts of the country.

The world was sitting at the edge of its seats during our presidential election because of the great impact that US politics and economics have on the global economy, environment and more. Because of the radical and inflammatory character of the current president Mahmoud Ahmadinejad, Iran's potential positive impact there and elsewhere is also huge, should its energy be redirected. President Obama promoted the idea of hope and change in his campaign and the people of Iran are looking for no less in their future.

One other point. Many of the governments in the middle east are struggling internally with the role of women in their societies. The more progressive among them recognize that you cannot have a modern society, and compete economically while wasting 50% of your human resources.

Those in the region that encourage opportunities for women will fly past those that do not. The regional competition is every bit as significant as the global competition and it will be interesting for us, and vital for them, to see what posture the Iranians take in this regard.

Sheldon Liber is the CEO of a small private investment company and the principal for design and research at an architecture & planning firm. He writes the columns Chasing Value and Serious Money.

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Last updated: November 22, 2009: 04:16 PM

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