The past 12 months have been devastating for Syria’s economy. Gross Domestic Product (GDP) has contracted by several percentage points (possibly by as much as 20 percent), the foreign currency …
Author
Jihad Yazigi

Jihad Yazigi
Jihad Yazigi is a visiting fellow at the European Council on Foreign Relations. He is the founder and editor of The Syria Report, an online bulletin covering Syrian economic affairs since 2001. He has written extensively on the Syrian economy and has provided research, advisory and consultancy services to regional and international businesses and organisations.
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The Syrian government’s September 22 decision to impose a ban on all imports carrying a tariff rate of 5 percent or more — and the reversal of that measure less …