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Showing posts with the label "economic liberalization"
"It is interesting to note that the majority of the businessmen were from a Sunni background, with the exception of the inner circle of crony capitalists. According to an analysis published in the Syrian magazine Al-Iqtisad Wa Al-Naql in 2011, from the list of the 100 most important businessmen in Syria, 23 percent of them were children of high officials, or their partners or acting as their “interfaces”; 48 percent were new businessmen, but for the majority they had close and corrupt relationships with the security services; 22 percent were part of the traditional bourgeoisie from before the nationalization policies of the sixties, some of whom also had corrupt relationships with the leaders of the state; and seven per cent had their main business activities outside of Syria. In terms of religious sects, the percentage was the following: 69 per cent were Sunni, 16 percent Alawi, 14 percent were Christians, 1 percent Shia, while there was no Druze, Ismaili or Kurdish presence. It...