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Economic Analysis: Theory and Practice
 

Social and economic development of the Syrian Arab Republic during the pre-crisis period: A retrospective analysis

Vol. 16, Iss. 7, JULY 2017

Received: 23 June 2017

Received in revised form: 5 July 2017

Accepted: 13 July 2017

Available online: 27 July 2017

Subject Heading: ECONOMIC ADVANCEMENT

JEL Classification: J21, J31, О11, О53

Pages: 1231–1248

https://doi.org/10.24891/ea.16.7.1231

Kuznetsov Yu.A. National Research Lobachevsky State University of Nizhny Novgorod, Nizhny Novgorod, Russian Federation
Kuznetsov_YuA@iee.unn.ru

Perova V.I. National Research Lobachevsky State University of Nizhny Novgorod, Nizhny Novgorod, Russian Federation
perova_vi@mail.ru

Waddah Al Jarad. c National Research Lobachevsky State University of Nizhny Novgorod, Nizhny Novgorod, Russian Federation
waddah.ja@gmail.com

Subject The article reviews the specifics of economic development of the Syrian Arab Republic during the pre-crisis period.
Objectives The purpose of the study is to analyze and describe trends in the economic development of the Syrian Arab Republic to define its actual economic situation during the pre-crisis period and prospects for economic advancement and social progress of the entire country and its certain provinces subject to peaceful development.
Methods We employ neural simulation based on indicators characterizing the economic condition of the country as a whole and its certain provinces. The research tools include self-organizing maps based on Deductor analytical platform.
Results The paper reveals major trends in GDP, focuses on economic restructuring of the Syrian Arab Republic. Based on five indicators of economic activity of provinces in the private sector, we performed a cluster analysis of their development. It shows that in 2007–2010, fourteen provinces were divided into three groups (clusters). We describe the composition and characteristics of each cluster, show changes in indicators of province development by clusters. The forecast for 2011–2017 is quite optimistic as long as peace is maintained.
Conclusions and Relevance The revealed specific features of socio-economic status of the Syrian Arab Republic before 2011 are indicative of unrealized opportunities for the country's economy since then.

Keywords: socio-economic status, neural network, Deductor

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