Syria and the Economic Freedom of the Arab World Report 2009
1. Syria & Economic Freedom in the Arab World Report 2009 Fatima Aljijakli
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4. Economic Freedom Report of the Arab World: 2009 Annual Report Source: Economic Freedom of the World: 2009 Annual Report, Fraser Institute
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6. Syrian EFW World Rank 1980-2007 Note: In 2002 Fraser Report introduced new Arab Countries, that’s why Syria Regional Ranking had deteriorated more than the total score.
7. Syrian EFW Summary Rating 1980-2007 Syria had been fallen behind Arab countries average rating by 1.5-2 point since 1980 till date. Source: Frasier Institute
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10. Size of Government Expenditure, Taxes and Enterprises Source: Economic Freedom of the World: 2009 Annual Report, Fraser Institute
11. Syrian Arab Republic: Selected Economic Indicators, 2004-08 Source: Syrian Authorities & International Monterey Fund Staff Estimates and Projections, January 2009. Prel. Proj 2004 2005 2006 2007 2008 (Change in percent, unless otherwise indicated) Total population (millions) 18.8 19.3 20.4 20.8 21.3 Government finances Revenue 27.2 24.0 25.5 22.3 21.4 Oil- related revenue 11.2 7.1 7.3 4.9 4.7 Non-oil revenue 16.1 16.9 18.2 17.3 16.7 Expenditure 31.4 28.5 26.6 25.7 24.9 Current expenditure 19.0 18.1 16.3 16.1 15.4 Development expenditure 12.4 10.4 10.3 9.6 9.5 Credit to public enterprises 0.5 1.7 3.4 7.6 9.2 Credit to private sector 4.3 6.9 3.5 4.3 6.0 Credit to private sector (change in percent) 35.0 45.9 17.9 20.2 25.8 Credit to private sector (in percent of GDP) 11.7 14.5 14.9 15.1 15.0 (In billions of U.S. dollars, unless otherwise indicated) Balance of payments Current account balance -0.4 -0.6 -0.9 -1.4 -2.3 (in percent of GDP) -1.6 -2.2 -2.8 -3.3 -4.1
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13. Legal Structure and Security of Property Rights Source: Doing Business 2010 Syrian Arab Republic Report, World Bank Group –IFC, 2009
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15. Access to Sound Money Standard deviation of inflation 8.25 Inflation: most recent year 9.22 Money growth 8.68
18. Freedom to Trade Internationally Source: Doing Business 2010 Syrian Arab Republic Report, World Bank Group –IFC, 2009
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20. Regulation of Credit, Labor and Business 2009 The Syrian Arab Republic eased business start-up by lowering the paid-in minimum capital requirement and allowing online access to standardized incorporation forms. * A. Credit market regulations * Source: Doing Business 2010 Syrian Arab Republic Report, World Bank Group –IFC, 2009
21. Regulation of Credit, Labor and Business Doing Business Report 2010 * Source: Doing Business 2010 Syrian Arab Republic Report, World Bank Group –IFC, 2009
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25. FINALLY TRACING BACK POLICES CHANGES IN SYRIA DURING THE PAST 60YRS SETS UP A GOOD EXAMPLE HOW CAN ECONOMICAL FREEDOM FOSTER GROWTH.