Economic surveys in both Syria and Iran indicate that economies of both countries are mainly run by the state (Raphaeli, & Gersten, 2008). This similarity is attributed to the fact that the two chose this form of government because of a collective agreement. With a per capita income of about $ 1,200, the World Bank as a lower middle-income country categorized Syria in 2006.
Its economy was also described as stagnant though it was stable. Raphaeli & Gersten further reveal that, Iran has most of its industries being run by the state with a few private investors owning a bigger stake in the agricultural, foreign, and domestic trade, mining and small scale manufacturing with establishment of private enterprises still remaining a big challenge in this country. The country still experiences a lot of problem in absorbing a huge 750,000 new entrants into the job market.
These are just excerpts of essays for you to view. Please click on Order Now for custom essays, research papers, term papers, thesis, dissertations, case studies and book reports.