Syria’s Conflict Economy

Author/Editor:

Jeanne Gobat ; Kristina Kostial

Publication Date:

June 29, 2016

Electronic Access:

Free Full Text (PDF file size is 1372 KB).Use the free Adobe Acrobat Reader to view this PDF file

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

Five years into the ongoing and tragic conflict, the paper analyzes how Syria’s economy and its people have been affected and outlines the challenges in rebuilding the economy. With extreme limitations on information, the findings of the paper are subject to an extraordinary degree of uncertainty. The key messages are: (1) that the devastating civil war has set the country back decades in terms of economic, social and human development. Syria’s GDP today is less than half of what it was before the war started and it could take two decades or more for Syria to return to its pre-conflict GDP levels; and that (2) while reconstructing damaged physical infrastructure will be a monumental task, rebuilding Syria’s human and social capital will be an even greater and lasting challenge.

Series:

Working Paper No. 16/123

Subject:

English

Publication Date:

June 29, 2016

ISBN/ISSN:

9781498336826/1018-5941

Stock No:

WPIEA2016123

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

29

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