The Syrian crisis has eclipsed what was perhaps the key trigger of the Arab Spring, namely disgruntled youth without sustainable employment prospects.
It might sound out of place to write about employment in Syria at a time when civilians are being killed but employment will be one of the most challenging issues facing the Syrian government when fighting ends and the dust settles.
The conflict in Syria has dragged on beyond other Arab Spring uprisings. Unlike in Egypt, for example, the longevity of the conflict has led to a collapse of the job market.
The employment market in Syria will have to be almost entirely rebuilt. A new jobs scene is needed that offers Syria's youth the opportunity to prosper. Without this, one of the root causes of the conflict will continue to threaten long-term stability.
Today, figures on unemployment are meaningless. Yet, in March, when such data may have meant something, unemployment was estimated at more than 35 per cent by the regime. Syria's employment landscape depends on a strong and large public sector. Years of socialist government has led to a preference by Syrian youth for public sector employment, as confirmed by research done for the American University of Beirut several years ago. There is a positive correlation between public sector employment and levels of education.
Pre-conflict research showed Syrian youths attended university to increase their prospects for a government job. The preference for working in the public sector is also linked to the need for private sector reforms and regulations.
Syrians also feel it is socially more acceptable to work for the government or a large organisation, rather than a small one.
Small and medium-sized enterprises are mostly family owned and run and are not perceived as a preferred employment option.
A post-crisis Syrian government, therefore, faces the enormous challenge of having to provide employment for millions of unemployed Syrians. During the past 18 months, despite the current crisis, more than 500,000 Syrians have entered the job market. They are largely unemployed.
Even before the crisis, the resources of the Syrian state were simply insufficient to provide enough jobs. If the crisis ended today, the majority of Syrians would be out of work and the state would still be unable to provide jobs for them. The drop in the value of the Syrian lira has added further pressure.
A post-conflict Syrian government will not be able to tackle the problem of unemployment on its own. The country will be in dire need of foreign support. The rebuilding work that needs to follow the end of fighting will provide sufficient employment for some segments of the population but enormous spending, well into the tens of billions of dollars, will be needed and most of this will have to come from foreign sources.
A post-conflict government will not only face financial constraints to re-employ all the pre-crisis public sector employees, it also faces the challenge of finding jobs for new entrants to the job market.
Almost two years of highly disrupted education will also manifest as less qualified youths attempt to enter the job market.
Syria will face a near impossible task when the crisis ends. The Syrian economy will have to be rebuilt almost from scratch. Before the crisis, the public sector employed about a quarter of the workers. While this figure is not excessive by regional or developing-world standards, it should shrink.
The obstacles to do so may disappear when the conflict ends, as foreign investment and funds pour in to rebuild after the mass destruction. But both Syrians and foreign investors will need to recognise need and opportunity arise not just from the country's physical reconstruction but also from reconstructing its economy.
As soon as the conflict ends, Syria can offer a highly attractive investment destination but the attractiveness will be largely dependent on how the Syrian economy is rebuilt.
Ghanem Nuseibeh is the founder of Cornerstone Global Associates and a senior visiting fellow at King's College London.
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
UAE currency: the story behind the money in your pockets
Company Profile
Company name: Yeepeey
Started: Soft launch in November, 2020
Founders: Sagar Chandiramani, Jatin Sharma and Monish Chandiramani
Based: Dubai
Industry: E-grocery
Initial investment: $150,000
Future plan: Raise $1.5m and enter Saudi Arabia next year
England squad
Moeen Ali, James Anderson, Jofra Archer, Jonny Bairstow, Dominic Bess, James Bracey, Stuart Broad, Rory Burns, Jos Buttler, Zak Crawley, Sam Curran, Joe Denly, Ben Foakes, Lewis Gregory, Keaton Jennings, Dan Lawrence, Jack Leach, Saqib Mahmood, Craig Overton, Jamie Overton, Matthew Parkinson, Ollie Pope, Ollie Robinson, Joe Root, Dom Sibley, Ben Stokes, Olly Stone, Amar Virdi, Chris Woakes, Mark Wood
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ON%20TRACK
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The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
RACE CARD
5pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (Turf) 2,200m
5.30pm: Khor Al Baghal – Conditions (PA) Dh80,000 (T) 1,600m
6pm: Khor Faridah – Handicap (PA) Dh80,000 (T) 1,600m
6.30pm: Abu Dhabi Fillies Classic – Prestige (PA) Dh110,000 (T) 1,400m
7pm: Abu Dhabi Colts Classic – Prestige (PA) Dh110,000 (T) 1,400m
7.30pm: Khor Laffam – Handicap (TB) Dh80,000 (T) 2,200m
SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%20Two-litre%20four-cylinder%20turbo%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E235hp%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E350Nm%3Cbr%3E%3Cstrong%3ETransmission%3A%3C%2Fstrong%3E%20Nine-speed%20automatic%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh167%2C500%20(%2445%2C000)%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%3C%2Fp%3E%0A
How to increase your savings
- Have a plan for your savings.
- Decide on your emergency fund target and once that's achieved, assign your savings to another financial goal such as saving for a house or investing for retirement.
- Decide on a financial goal that is important to you and put your savings to work for you.
- It's important to have a purpose for your savings as it helps to keep you motivated to continue while also reducing the temptation to spend your savings.
- Carol Glynn, founder of Conscious Finance Coaching
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
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MATCH INFO
Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid
When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid
The%20Specs%20
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The specs
Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now
Ultra processed foods
- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns
- margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars;
- energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces
- infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes,
- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.
The Buckingham Murders
Starring: Kareena Kapoor Khan, Ash Tandon, Prabhleen Sandhu
Director: Hansal Mehta
Rating: 4 / 5
The biog
Fatima Al Darmaki is an Emirati widow with three children
She has received 46 certificates of appreciation and excellence throughout her career
She won the 'ideal mother' category at the Minister of Interior Awards for Excellence
Her favourite food is Harees, a slow-cooked porridge-like dish made from boiled wheat berries mixed with chicken
The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan