Growth in Syria : Losses from the War and Potential Recovery in the Aftermath
This paper addresses three questions: (1) what would have been the growth and income trajectory of Syria in the absence of war; (2) given the war, what explains the reduction in economic growth; and (3) what potential growth scenarios for Syria there could be in the aftermath of war. Conflict impact...
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okr-10986-368552022-01-28T16:16:04Z Growth in Syria : Losses from the War and Potential Recovery in the Aftermath Devadas, Sharmila Elbadawi, Ibrahim Loayza, Norman V. WAR CONFLICT RECONSTRUCTION CONFLICT-AFFECTED STATES ECONOMIC GROWTH FACTORS OF PRODUCTION This paper addresses three questions: (1) what would have been the growth and income trajectory of Syria in the absence of war; (2) given the war, what explains the reduction in economic growth; and (3) what potential growth scenarios for Syria there could be in the aftermath of war. Conflict impact estimates point to negative GDP growth of −12% on average over 2011–2018, with output contracting to about one-third of the 2010 level. In post-conflict simulation scenarios, the growth drivers are affected by the assumed levels of reconstruction assistance, repatriation of refugees, and productivity improvements associated with three political settlement outcomes: a baseline (Sochi-plus) moderate scenario, an optimistic (robust political settlement) scenario, and a pessimistic (de facto balance of power) scenario. Respectively for these scenarios, GDP per capita average growth in the next two decades is projected to be 6.1%, 8.2%, or 3.1%, assuming a final and stable resolution of the conflict. 2022-01-20T22:10:54Z 2022-01-20T22:10:54Z 2021-07-05 Journal Article Middle East Development Journal 1793-8120 http://hdl.handle.net/10986/36855 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Taylor and Francis Publications & Research Publications & Research :: Journal Article Middle East and North Africa Syrian Arab Republic |
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Digital Repositories |
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WAR CONFLICT RECONSTRUCTION CONFLICT-AFFECTED STATES ECONOMIC GROWTH FACTORS OF PRODUCTION |
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WAR CONFLICT RECONSTRUCTION CONFLICT-AFFECTED STATES ECONOMIC GROWTH FACTORS OF PRODUCTION Devadas, Sharmila Elbadawi, Ibrahim Loayza, Norman V. Growth in Syria : Losses from the War and Potential Recovery in the Aftermath |
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Middle East and North Africa Syrian Arab Republic |
description |
This paper addresses three questions: (1) what would have been the growth and income trajectory of Syria in the absence of war; (2) given the war, what explains the reduction in economic growth; and (3) what potential growth scenarios for Syria there could be in the aftermath of war. Conflict impact estimates point to negative GDP growth of −12% on average over 2011–2018, with output contracting to about one-third of the 2010 level. In post-conflict simulation scenarios, the growth drivers are affected by the assumed levels of reconstruction assistance, repatriation of refugees, and productivity improvements associated with three political settlement outcomes: a baseline (Sochi-plus) moderate scenario, an optimistic (robust political settlement) scenario, and a pessimistic (de facto balance of power) scenario. Respectively for these scenarios, GDP per capita average growth in the next two decades is projected to be 6.1%, 8.2%, or 3.1%, assuming a final and stable resolution of the conflict. |
format |
Journal Article |
author |
Devadas, Sharmila Elbadawi, Ibrahim Loayza, Norman V. |
author_facet |
Devadas, Sharmila Elbadawi, Ibrahim Loayza, Norman V. |
author_sort |
Devadas, Sharmila |
title |
Growth in Syria : Losses from the War and Potential Recovery in the Aftermath |
title_short |
Growth in Syria : Losses from the War and Potential Recovery in the Aftermath |
title_full |
Growth in Syria : Losses from the War and Potential Recovery in the Aftermath |
title_fullStr |
Growth in Syria : Losses from the War and Potential Recovery in the Aftermath |
title_full_unstemmed |
Growth in Syria : Losses from the War and Potential Recovery in the Aftermath |
title_sort |
growth in syria : losses from the war and potential recovery in the aftermath |
publisher |
Taylor and Francis |
publishDate |
2022 |
url |
http://hdl.handle.net/10986/36855 |
_version_ |
1764486032700473344 |