The administration continues to follow the market reform plans of the previous one and indicated that it will diversify Iran's oil-reliant economy. Iran has also developed a biotechnology, nanotechnology, and pharmaceuticals industry. However, nationalized industries such as the bonyads have often been managed badly, making them ineffective and uncompetitive with years. Currently, the government is trying to privatize these industries, and, despite successes, there are still several problems to be overcome, such as the lagging corruption in the public sector and lack of competitiveness. In 2010, Iran was ranked 69, out of 139 nations, in the Global Competitiveness Report. COUNT 4
QSN1 What is a main goal of Iran's market reform plans? ANS1 diversify Iran's oil-reliant economy QSN2 The Global COmpetitiveness Report in 2010 ranked Iran where out of 139 countries? ANS2 ranked 69 QSN3 What Iranian nationalized industry has been noncompetitive and managed badly?  ANS3 the bonyads QSN4 What, along with a lack of competition, has held back Iran's nationalized industries? ANS4 lagging corruption in the public sector