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March 2025

What Does the Composition of Syria’s Caretaker Government Tell Us?

Our mapping of the Caretaker Government’s representation of Syrians by place of birth, age, gender, religion, and military affiliation highlights significant imbalances that impact legitimacy and governance.

March 2025

The State of Syria’s Domestic Debt

An assessment of the size of domestic debt and to whom it’s owed. The country’s approach to domestic debt will affect its creditworthiness and access to credit.

March 2025

Tracking Regime Cronies: How to Deal with Assad’s Economic Networks

How Syria should dismantle Assad-era crony networks while balancing accountability, stability, and justice.

March 2025

Syria’s Private Banking Sector: Collapse, Consequences, and a Path Forward

An in-depth analysis of the collapse of the private banking sector, its economic repercussions, and the challenges and steps required for reintegration into the global financial system.

March 2025

External Contribution: A Panoramic View of the Status Quo in Syria and the Emerging US Position

Charles Lister of the Middle East Institute offers an analysis of Syria’s ongoing fragile transition, the internal and external challenges it faces, and the evolving position of the US regarding the interim government’s legitimacy and the broader geopolitical context.

March 2025

Interview: How to Re-plug Syria’s Banking Sector into the Global System

Reintegrating Syria into the global financial system requires more than just sanctions relief. Major banks remain bound by US compliance rules, and past attempts like INSTEX show that market forces won’t move without strong incentives such as tax breaks or subsidies. European governments must treat Syria’s financial re-engagement as a security priority, leveraging sovereign-backed institutions and regulatory guarantees.

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