Eight years of armed conflict and sanctions have caused severe damage to the Syrian economy, its macro-economic framework, its physical and social infrastructure, and its direct productive and social facilities. GDP has fallen by about 60%, fiscal and trade deficit rose to around 50% of GDP, 1/3 of the housing stock has ...
FDI came to a near halt since the onset of the crisis, but FDI in Syria never represented a significant component of investment in the country. Some particularly motivated FDI entered the country during the crisis, coming mainly from Iran and Russia.In the three decades before the crisis, FDI to Syria came mostly from Western ...
