Economy of Syria - Opportunity Cost of Conflict

Opportunity Cost of Conflict

A report by Strategic Foresight Group, a think tank in Asia has calculated the opportunity cost of conflict for the Middle East from 1991-2010 at US$12 trillion (12,000,000,000,000). Syria’s share in this is over a $150 billion. The government also spends almost 7% of its GDP on the military, compared to 2% spent on health care.

Read more about this topic:  Economy Of Syria

Famous quotes containing the words opportunity, cost and/or conflict:

    If the average citizen is guaranteed equal opportunity in the polling place, he must have equal opportunity in the market place.... The flag and the Constitution stand for democracy and not tyranny, for freedom, not subjection.
    Franklin D. Roosevelt (1882–1945)

    It is not enough for theory to describe and analyse, it must itself be an event in the universe it describes. In order to do this theory must partake of and become the acceleration of this logic. It must tear itself from all referents and take pride only in the future. Theory must operate on time at the cost of a deliberate distortion of present reality.
    Jean Baudrillard (b. 1929)

    The conflict between the men who make and the men who report the news is as old as time. News may be true, but it is not truth, and reporters and officials seldom see it the same way.... In the old days, the reporters or couriers of bad news were often put to the gallows; now they are given the Pulitzer Prize, but the conflict goes on.
    James Reston (b. 1909)