TY - JOUR
T1 - From Arab Spring to Economic Winter – Examination of the relationship between politics and economics as evident in the Syrian civil war during 2011-2015
AU - Cohen, Erez
N1 - Publisher Copyright:
© Foundation of International Studies, 2016.
PY - 2016
Y1 - 2016
N2 - This study emphasizes the relationship between politics and economics as evident in the Syrian civil war by presenting the economic consequences of the drawn-out civil war in Syria and examining the effect of this war on the country’s major economic indicators during 2011-2014. The research findings show that the continued fighting in Syria has had a harmful effect on the local economy and as a result the GDP is declining and its structure is changing, unemployment is on the rise, and the budgetary deffcit is growing. this effect is also examined in comparison with Egypt and Libya, countries that underwent internal confiict and governmental chaos, reaching the conclusion that the Syrian economy was more deeply affected by the unstable security situation than the former countries. Syria’s economy is disintegrating both internally and externally, gradually becoming irrelevant for global trade in general and for the oil trade in particular and losing its place to its competitors in this field. It is also encountering particularly acute internal political and socioeconomic problems, raises doubts as to Syria’s ability to survive this volatile period and to sustain its government in the future. Nonetheless, it appears that Syria’s slight chances of economic recovery depend primarily (or even exclusively) on international interests, further clarifying the claim concerning the major role and impact of external factors on a post-war country’s chances of economic recovery and stabilization.
AB - This study emphasizes the relationship between politics and economics as evident in the Syrian civil war by presenting the economic consequences of the drawn-out civil war in Syria and examining the effect of this war on the country’s major economic indicators during 2011-2014. The research findings show that the continued fighting in Syria has had a harmful effect on the local economy and as a result the GDP is declining and its structure is changing, unemployment is on the rise, and the budgetary deffcit is growing. this effect is also examined in comparison with Egypt and Libya, countries that underwent internal confiict and governmental chaos, reaching the conclusion that the Syrian economy was more deeply affected by the unstable security situation than the former countries. Syria’s economy is disintegrating both internally and externally, gradually becoming irrelevant for global trade in general and for the oil trade in particular and losing its place to its competitors in this field. It is also encountering particularly acute internal political and socioeconomic problems, raises doubts as to Syria’s ability to survive this volatile period and to sustain its government in the future. Nonetheless, it appears that Syria’s slight chances of economic recovery depend primarily (or even exclusively) on international interests, further clarifying the claim concerning the major role and impact of external factors on a post-war country’s chances of economic recovery and stabilization.
KW - Civil War
KW - Political economy
KW - Syria
UR - http://www.scopus.com/inward/record.url?scp=84964846979&partnerID=8YFLogxK
U2 - 10.14254/2071-8330.2016/9-1/1
DO - 10.14254/2071-8330.2016/9-1/1
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AN - SCOPUS:84964846979
SN - 2071-8330
VL - 9
SP - 9
EP - 26
JO - Journal of International Studies
JF - Journal of International Studies
IS - 1
ER -