The Syrian economy is confronted with an increasing pressure coming from the supply side of the labour market, generated by the accumulated surplus in the public sector, the unemployed persons looking for a job, the new entrants on the labour market, respectively the expected increase of the...

This paper proposes a model for optimizing the duration of transition under the assumption that the government main goal is to minimize the social cost of reforms. At the beginning of transition there are two main sectors in the economy: an old technology sector - mainly the public one - where...

The economic crisis was initially supposed to affect only developed countries, but the financial troubles spread over the real economy and the crisis became a global phenomenon. After almost two years of difficulties, several lessons could be drawn from this episode: why the crisis was...

The economic reforms envisaged by the Syrian government are principally aimed to raise the overall efficiency of economic activities and to improve significantly the productivity of labour and capital. Irrespective of the degree of competitiveness and efficiency of private companies, the...