@ TheMann Very detailed response. I really need to look at GNP figures and actual budgets but still, the scale just makes my eyes pop. How quickly do they purchase and integrate such a force?
The Army alone makes my inner accountant queasy. Then the navy and the Air Force?!? You'd need the non-US military budget of NATO to field and maintain those forces.
Iran was/is a rich country and under decent management, a good second world economy assuming good economic growth 1975-1995. That's a dangerous assumption things stay good that long w/o a hiccup, though.
Wouldn't that military be a burden that'd shank Iranian economic growth?
Let's and look at the economics...
I've read papers that suggest Iran could have reached Western European levels of GDP per capita as early as the mid-1990s in PPP terms (Esfahani and Pesaran, 2008), there was actually one put out last year that tried to estimate what the Iranian GDP per capita could have been if the revolution not occurred (Jahan-Parvar 2012). It falls short, IMO, in that it ties the GDP growth rates to regional averages, but the Iranian economy's growth pattern and trajectory was quite different from the region as a whole.
My POD is the Shah realised the full extent of his illness in 1973-4 and steps away a bit from the governing processes, which is crucial, as that was the time he forced the revision of the Five-Year Plan to double the budget, and projected a 26% growth rate- which was obviously unsustainable. In OTL this led to inflation and a recession-GDP peaked in 1976 and fell from there-which I believe was the main catalyst for the revolution. (Disclaimer: I'm an economics student who thinks everything is caused by economics)
Personally I think the 1990s is a bit too optimistic, someone (Harris 2009) actually said the parameters of Esfahani and Pesaran were misleading.
But I have my models, and I have for Iran, as of 2012:
GDP (nominal): $2.002 trillion
GDP Rank: 10th
x greater than OTL: 3.65
GDP (nominal) per capita: $32,506.45
GDP per capita Rank: 29th
x greater than OTL: 4.51
Population: 61,577,757
Population Rank: 23rd
x less than OTL: -1.25
GDP growth in 2013: 3.95%
2013 GDP projection: $2.114 trillion (8th)*
GDP per capita growth in 2013: 2.68%
2013 GDP per capita projection: $33,909.58 (28th)*
I used World Bank data, so my rankings are relative to theirs. (*) - However the 2013 projection rankings are relative to the IMF projections. It is also worth noting that Iran would surpass the EU GDP per capita average in 2013, however, it would remain $2,006 below the OECD average. It's awfully late here, so my survey of the political situation will wait until tomorrow.
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Here you have gross GDP, in constant dollars, with an inflation adjusted figure in bright red.
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The same for GDP per capita.
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And (real) growth.
At 2% of GDP that is $40.04 billion, at 4% $80.08 billion- #4 after Russia. At 4.4% of GDP, the same rate as the US and Russia, that is $88.08 billion, at at 5%, that is $100.1 billion- third in the world! So maybe not so unrealistic...
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