IRAN: Too Much, Too Soon

Most developing nations dream of striking it rich and becoming a global power almost overnight. Can it be done? Iran would seem to have a chance if any nation does. Using its vast oil revenues, the country is well into a bold $70 billion, six and a half year development program. New industries, notably steel, autos and synthetic fibers, helped Iran to boost gross national product to a record $54 billion last year (from $26 billion in 1973) and raise per capita income to a healthy $1,570 (from $806); just about any adult in the population of 36 million...

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