Khodadad Mirza Farmanfarmaian, the head of the Central Bank, head of the Planning and Budget Organization, and one of the main economic planners of Iran during the Pahlavi monarchy, passed away on Wednesday, December 25, in London. Mr. Farmanfarmaian was born in 1928 in Tehran. He was the son of Abdolhossein Mirza Farmanfarma (Abdolhossein Farmanfarmaian), a Qajar prince and Prime Minister of Iran during the reign of Ahmad Shah Qajar. However, Khodadad Farmanfarmaian's affiliation with the Qajar aristocracy did not hinder his advancement in the administrative and governmental hierarchy during the Pahlavi era. Mr. Farmanfarmaian, a graduate in economics from Harvard University and a longtime professor at Princeton University, took over the economic office of the Planning and Budget Organization upon his return to Iran. He served for a time as deputy to Mehdi Samiei at the Central Bank, and when Mr. Samiei moved to the Planning and Budget Organization, he became the head of the Central Bank. Mr. Farmanfarmaian played a pivotal role in shaping and transforming the concept and structure of planning in Iran. Khodadad Mirza Farmanfarmaian was 87 years old at the time of his death.
Death of Khodadad Farmanfarmaian, Economic Planner of the Pahlavi Era
Khodadad Farmanfarmaian, a significant figure in Iran's economic planning during the Pahlavi era, has died at the age of 87 in London. His contributions to the Central Bank and the Planning and Budget Organization were instrumental in the development of Iran's economic policies. His death marks the loss of a key figure from a pivotal period in Iran's history.
👥 Key Players
📰 What Happened
Khodadad Farmanfarmaian, a prominent economic planner during the Pahlavi era, passed away at the age of 87 in London. His contributions to Iran's economic planning and institutions were significant during a transformative period in the country's history.
- Farmanfarmaian was a graduate of Harvard University and a professor at Princeton University.
- He was instrumental in the development of Iran's economic policies and planning structures.
💡 Why It Matters
📚 Background
The Pahlavi era was characterized by modernization and economic reforms in Iran, which have lasting effects on the country's current economic situation. Understanding this period is crucial for grasping contemporary Iranian economic challenges.
🏷️ Entities Mentioned
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