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2 - “We Have Done Nothing”

The Seven-Year Plan and the Failure of Dual Integration in Iran, 1947–1951

from Part I

Published online by Cambridge University Press:  15 December 2022

Gregory Brew
Affiliation:
Yale University, Connecticut
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Summary

In the wake of the Azerbaijan Crisis, the United States supported the Pahlavi development program, the Seven-Year Plan, masterminded by Abolhassan Ebtehaj, the country’s premier developmentalist. Assistance came from proxy groups, particularly the World Bank. The bank neglected to provide loans until Ebtehaj and the shah agreed to place the plan under foreign management. Primary financial support for the plan was to come from the Anglo-Iranian Oil Company. But negotiations failed to produce an agreement that would increase Iran’s revenues. The rise of an Iranian petro-nationalist movement, an economic crisis, and political paralysis within the Pahlavi government coalesced in 1950, and despite a late intervention the United States and its allied proxies failed to rescue the plan or the shah’s government from succumbing to the nationalization campaign of nationalist leader Mohammed Mosaddeq in early 1951.

Type
Chapter
Information
Petroleum and Progress in Iran
Oil, Development, and the Cold War
, pp. 53 - 85
Publisher: Cambridge University Press
Print publication year: 2022

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  • “We Have Done Nothing”
  • Gregory Brew, Yale University, Connecticut
  • Book: Petroleum and Progress in Iran
  • Online publication: 15 December 2022
  • Chapter DOI: https://doi.org/10.1017/9781009206327.004
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  • “We Have Done Nothing”
  • Gregory Brew, Yale University, Connecticut
  • Book: Petroleum and Progress in Iran
  • Online publication: 15 December 2022
  • Chapter DOI: https://doi.org/10.1017/9781009206327.004
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • “We Have Done Nothing”
  • Gregory Brew, Yale University, Connecticut
  • Book: Petroleum and Progress in Iran
  • Online publication: 15 December 2022
  • Chapter DOI: https://doi.org/10.1017/9781009206327.004
Available formats
×