The dismantling of Syria

Following a familiar Middle Eastern pattern, Syria is currently trying to dismantle the old Ba’athist socialist economy and build a private sector, leading to huge opposition from workers. Contradictory to what the World Bank have been saying, growth in Syria in fact dropped from 5.5% to 3% in 2007-09, rather than the 5-6% increase often quoted. Dealing with the country’s massive unemployment levels has become a real challenge:

‘High unemployment rates have serious negative consequences in terms of lost economic contribution, prolonging poverty, and fomenting discontent; even possibly social unrest.’

More analysis here.

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One response to “The dismantling of Syria

  1. Pingback: Soft focus on Syria | champollion st.

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