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Renewable Rush in Syria Faces Economic Crisis

Author

Listed:
  • Mohamad Abou Houran

    (School of Electrical Engineering, Xi’an Jiaotong University, Xi’an, China)

  • Abd Alwahed Dagestani

    (School of Business, Central South University, Changsha, China)

Abstract

Since 2011, the conflict in Syria left the country with a devastating energy sector and fragile economy. The residents struggle daily to live with only two hours a day of electricity. The crisis encouraged some Syrians to assemble photovoltaic (PV) panels to generate energy. Unfortunately, the geopolitical risks, the inflation, and displacement are making the situation worse. The geopolitical risks are complex and multifaceted due to the ongoing war and the involvement of various regional and international actors. In this letter, we focus on the situation in war-torn Syria, its economy, and the opportunities for renewable energy development in the country. We also give some recommendations for academics and policy makers.

Suggested Citation

  • Mohamad Abou Houran & Abd Alwahed Dagestani, 2023. "Renewable Rush in Syria Faces Economic Crisis," Financial Economics Letters, Anser Press, vol. 2(2), pages 1-5, October.
    • Handle: RePEc:bba:j00007:v:2:y:2023:i:2:p:1-5:d:227
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    References listed on IDEAS

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    1. Anouch Missirian & Wolfram Schlenker, 2017. "Asylum applications respond to temperature fluctuations," Post-Print hal-04136700, HAL.
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    Cited by:

    1. Shulin Xu & Kangqi Jiang, 2024. "Knowledge creates value: the role of financial literacy in entrepreneurial behavior," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-17, December.

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