– Syria must adopt best practices of state capitalism to achieve economic development in the 21st century.

– The new Syrian government aims to establish high-level contacts with the U.S. and seek support for reconstruction amidst ongoing sanctions.

– There is a delicate balance between integrating into the global economy and maintaining Syria’s sovereignty, as fears of neoliberal impositions loom.

– The socialist Assad regime’s legacy of rent-seeking elites poses a significant challenge to economic recovery and development.

– Successful economic models from China, particularly state capitalism, offer a framework for Syria’s potential development strategy.

– Economic reforms should focus on building state capacity, & fostering entrepreneurship.

– Key strategies for Syria’s development include land reform, nationalized banking with credit quotas, and protective tariffs for strategic sectors.

– Establishing state investment funds and encouraging diaspora participation can boost economic growth and stability.

– The creation of a competent economic bureaucracy is crucial for implementing development initiatives and integrating into global supply chains.

– Failure to adopt a robust state capitalist model risks Syria reverting to ineffective state socialism or becoming dominated by foreign capital interests.

By @pashadelics