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« Rovegate: Same Ole Twelve Step Program. | WILLisms.com | Social Security Reform Thursday: Week Twenty-Four -- KidSave Accounts. » Trivia Tidbit Of The Day: Part 107 -- Syrian Instability.Assad's Slipping Grip On Syria- Syria is well into a fateful period in its modern history. The economy is stagnating even as the population (now at 18.4 million) is expanding rapidly. Source: Smithsonian magazine (.pdf). More supremely interesting excerpts from the article beyond the click below.
More: Until the rise of Arab socialism in the mid-1950s, Damascus was a regional financial center with a sophisticated banking system, and Lebanon a sleepy coastal strip of Greater Syria. But when he Syrian government nationalized the banks, the nation’s financial expertise migrated to Lebanon’s freewheeling capital. Beirut grew into a worldclass banking center while Damascus, the soul of Arab culture and consciousness, became a state-run backwater. Yay socialism! Not. Just in the past year or so, Syria has undergone some liberalization. Dissidents are increasingly vocal, and independent media outlets have proliferated. The Syrian banking sector, which was nationalized beginning in the late 1950s, has been restructured, and private banks have been doing business for more than a year. Syrians are now allowed to hold foreign currency, a move the government hopes will gradually drain the huge black-market economy. The country’s tourist sector is beginning to evolve, as investors—both domestic and foreign—convert ancient villas in the old quarters of Damascus and Aleppo into fancy hotels. The newer districts of Damascus are beginning to resemble Beirut for their swank cafés and boutiques. I would love to vacation in Syria one day. It'll happen, too. A key quote from Ammar Abdulhamid, a member of the Syrian opposition: “No one will admit things are softening up thanks to pressure from the United States. People speak of the pan-Arab dream, but the reality is we are not united and we are cut off from the West.” Well, some people will admit it. But doing so openly in Syria could mean a one-way ticket to the slammer. "Syrians are ready for democracy and expect steps to be taken in that direction. While Assad cultivates the various power centers in his midst—security forces, the army, oligarchs, clerics—the legions of young Syrians who have indulged him with loyalty and goodwill may soon lose patience. Fundamentalists, meanwhile, are eager for a void to fill." The Bush Doctrine offers moderate Muslims who oppose the corrupt Arab regimes an alternative. Posted by Will Franklin · 14 July 2005 09:23 AM Comments |