Pitfalls Along Reform Road
Written by : Nabil Sukkar Ph.D
Publication : Oxford Business Group - Emerging Syria 2
As encouraging as Syria’s new spirit of reform is, the country faces several inter-related challenges that must be overcome in short order for the reform process to realise its full potential. As I see it, the “economic problem” consists of four major elements: a static production structure and weak growth rate; rising unemployment and income disparity; and inability to compete in the global economy; and rapidly depleting oil reserves.