The Global Crisis of 2008 and Iran's Approach towards International Monetary Management

The international developments and events are one of the main elements in shaping the country's foreign policy and approaches. Global financial crisis of 2008 as one of the most important event was rooted in the domestic economic conditions of one the most powerful economies namely the United States. Such crisis was the main reason for significant changes in the world approaches towards the international monetary management system and its main organization that is International Monetary Fund (IMF). Accordingly, formal international actors (Governments), especially the actors that have a minimal role in the regime, were trying to use this opportunity in order to impose their desired reforms on IMF.
In order to understand the approaches of the countries such as I.R of Iran with revolutionary views and critical and different interest with the West, the authors of this article, while looking to Iran’s position in the world economy, try to analyze its approaches toward international monetary management and IMF after the 2008 world financial crisis.
Therefore the speeches, official correspondence and interviews of I. R. of Iran monetary and economic authorities, especially those who participated in Spring and Fall joint meeting of the World Bank and International Monetary Fund after and before 2008 financial crisis were analyzed. Such analyses indicates that Iran foreign policy after the global crisis in 2008 shifted from focusing on periphery of international monetary management (which mostly was interested in regional and bilateral mechanism, etc) to approaches which seeking to reform the central player of international monetary system , namely IMF.