51. Special Policy Forum Report: Syria's Economy — Prospects For Peace, Aid, And Market Reform
- Author:
- Patrick Clawson, Daniela Gressani, and Eliyahu Kanovsky
- Publication Date:
- 01-2000
- Content Type:
- Policy Brief
- Institution:
- The Washington Institute for Near East Policy
- Abstract:
- In many ways, Syria's economy is not very different from that of other countries in the region. Oil is important, accounting for 60 percent of exports. Agriculture is more important than might be expected on the basis of natural endowment: it contributes about 20 percent of the gross domestic product (GDP) and about 30 percent of employment. Industry remains very much state led, even when not state owned. The private sector is subject to comprehensive regulations, and foreign trade is less than might be expected for an economy Syria's size. On the other hand, there is a fair amount of labor moving from Syria to neighboring countries. Syria has a young population, so the labor force is growing; young people entering the labor force have a much better education than did the previous generation and therefore seek better jobs and better opportunities.
- Topic:
- Conflict Resolution, Security, and Diplomacy
- Political Geography:
- Middle East, Arab Countries, and Syria