This study aimed at identifying the concept of human capital migration and identifying the
main internal causes behind the phenomenon of human capital migration in Syria by
studying the impact of a range of economic, social and health factors (unem
ployment rate,
death rate, life expectancy, (15 years and more), the rate of inflation, the graduation rate of
undergraduate students and the graduation rate of students of studies in Syrian universities)
on the rate of human capital migration, based on the data between 1990 and 2010. The
researcher reached the following main results: High inflation leads to l The high rate of
migration of the human capital, while the low unemployment rate leads to the high rate of
migration, but the high rate of employment leads to a slight increase in the rate of
migration and this is because most of the young groups pursue studies outside the country
after graduation, The increase in life expectancy at birth leads to a sharp drop in the rate of
human capital migration. The high percentage of university graduates leads to a high rate
of human capital migration. This is due to the fact that the largest proportion of graduates
prefer immigration to work or to follow them in countries Other,
while a The increase in the proportion of graduates of study students leads to a decline in
the rate of human capital migration. This is due to the fact that they prefer to continue their
education within the country, thus reducing their chances of emigration due to the
continuation of their education or because of their increasing awareness of the importance
of their presence within the country.
Information and communication technology (ICT), Gross capital formation,
Openness, and Inflation are frequently well-thought-out as important drivers of economic
growth for all countries, and especially for developing countries. This study aims to
examine the effect of these factors no economic growth in Syria covering the period from
1995-2012, with main interest of the impact of ICT. To this end, the study utilized annual
time series data set over the period 1990 to 2010. Econometric techniques include testing
the stationary of data by applying (ADF) test and applying Autoregressive Distributed Lag
(ARDL) method of estimation. Moreover, Short run and long run estimates were found .
The paper confirms a negative and statistically significant relationship between the
economic growth and technology index in the short run, but the relationship becomes
positive and statistically significant in the long run. This paper confirms a negative and
statistically significant relationship between the economic growth and GFC in the short
run, but the relationship becomes positive and statistically significant in the long run,
where the relationship between openness and economic growth is positive both in the short
and long run, whereas the relationship between the inflation rate and economic growth is
negative both in the short and long run.
This study aims to illustrate the Inflation's effect associated with
the crisis which Syria suffers from , on the Financial statements,
especially that related to the income statement and balance sheet .
Besides presenting the proposed accounting
income's by
professional accounting organizations to treat the effect of inflation
on the financial statement .
To achieve the study's goals, one of the proposed income has been
applied according to the international accountant standard to treat
such phenomena on the financial statements in one of the
companies operating in the country.
This study aims to identify the factors affecting the velocity of
money in Syria during the period ( 1990-2010) based on the study
and review of the monetary theories, and the analysis of some
empirical studies that examined the velocity of money
and its
relation to macroeconomic variables. In addition to an
econometric study focused on the relationship between the
velocity of money in its narrow sense (M1) with the rate of
inflation, per capita GDP, real exchange rate, financial evolution,
interest rate and political instability, using ARDL methodology to
test joint integration.
The stock market conditions are a mirror reflecting the general
economic situation in the country ,and the stability of these markets
measure of the general economic policy of the country of success
,and then be trying to understand the fluctuatio
ns in stock prices and
their relationship to economic ,financial and monetary factors and
financial crises.
The research examines the effect of inflation on the returns of index
in Damascus Stock Exchange (DSE),the monthly data for the rate of
inflation for the Damascus market indices has been collected during
the period (2010-2013).
The researcher concluded that there is a weak positive relationship
but insignificant for inflation rate on the return of market index in(
DSE) during the study period.
This research aimed to monitor and analyze press coverage of the issue of price
inflation in the economic pages in the Syrian daily newspapers (Al-thawra, Al-Baath, Alwatan),
and evaluate the reality of their performance and their impact on the cit
izen
through the editorial arts used in addressing the phenomenon of inflation, which counts
large numbers of citizens. In order to achieve these goals, the researcher used the
descriptive approach and style of content analysis. Research revealed that the Syrian daily
press to address the problem of rising prices is dominated by news of handling which is
based on reports and stories of news type. The research also revealed that the headlines
topped ranked first among the means of highlighting used in addressing the phenomenon
of inflation, and all the pictures published were free of comments and annotations and
descent to the source. Research has shown, too, that the sources of published material
about inflation are primarily delegates and reporters, officials actually about interpretation
and opinion articles in newspapers studied, then the ministries and official departments.
Also, it indicated that the geographical scope to address the newspapers to inflation was
limited to the city of Damascus and its suburbs to other cities and the countryside of the
Syrian account.
Given The Importance of Relationship between Macroeconomic Variables and
Financial Market for Researchers, Investors and officials, This Relationship has been
Studied in This Research during Period 1-1-2010 to 31-12-2011 Using Monthly Data for
Nom
inal Effective Exchange Rate SNEER, Money Supply SM2, Exports Coverage
Imports SXM, Inflation Rate SINF, Damascus Market Index SDWX.
Stability of Time Series Studied through Augmented Dickey Fuller Test, Johansen
Co-Integration Test Confirmed There is Longitudinal Relationship-Term, Using Granger-
Causality Test Appeared That The Relationship Reciprocal between Money Supply and
The Index, Nominal Effective Exchange Rate is Causing Change in The Index, VAR
Model Estimated, and Characterized by High R2, Jarque-Bera Test Shows The Residuals
do not Follow Normal Distribution, Finally, Prediction in Some Time Periods Close to
Realistic Values of Index. By Analyzing This Result We Come up That The Relationship
between Macroeconomic Variables and Damascus Market Index has a Medium Strength.
The recession or the stopping of the growth accompanied with an increase in the rate
of the inflation is considered as one of the damaging situations of the economy and has
also been defined as inflation accompanied by an increase in the rate of un
employment and
it is used to be an obstacle to the calculations of the policy makers because of its negative
consequences on the economy, particularly because of the damage on the expenditure and
pushing of the demand backwards. It is believed that the British politician Pan MacLoid is
the first person to form the idiom in the speech of the parliament in 1965 when he said that
we had an inflation situation on one side and a stopping of the development on the other
side, so we were suffering from an inflationary recession.
Because of the importance of this phenomenon, the study aims to prove the existence
of the inflationary recession phenomenon in the Syrian economy, which doesn’t reach to
the level of the entire employment through the collecting of data about this economy
during a specific period and analyzing them in order to monitor the indexes and the effects
of the recession and the inflation in the Syrian economy during the same period and reveal
the role of the government in the emergence of the inflationary recession as a result of the
economic, financial and monetary policies followed by the government as well and reveal
the procedures which they must follow to remove of the contradiction among the
governmental policies to treat the inflationary recession phenomenon, to activate the
national economy and to increase the rate of development of the entire local production as
well as to reduce the unemployment rates.
This research aims to identify the impact of monetary policies adopted by the Central
Bank of Syria on the purchasing value of the Syrian pound. According to scientific
principles based on reading the reality of the Syrian economy, and the correspo
nding
policies and procedures to this fact, and for this reason the study depended on the tables
and curves and economic analysis and also the extent of the impact of those policies on
low-income social strata. Especially in the current crisis due to the low exchange rate of
the Syrian pound against foreign currencies and high inflation rate in an unprecedented
way. In addition to the study of the impact the economical changes which affect the value
of the Syrian pound that could be out of control of the Central Bank of Syria . the study
found the subjective factor was not at the level required to contain the objective factor, that
is, those policies and procedures were not at the required level, or were limited to one tool
of monetary policy tools and therefore did not work to stabilize the national currency, and
thus prices stability, that is the ultimate purpose of monetary policy at the Central Bank of
Syria.
This study is concerned in the long relation between monetary policy variable and
Damascus stock exchange (DSE) index,
In general, monetary policy transmission can affect the markets, so the stock market
also effected by that, and this study is in
terested in this relation, so it start by made
theoretical introduction about how can monetary variables effect the stock market index,
then it follow the statistical methodology by use Autoregressive-Distributed Lag model
(ARDL) to estimate the relation between independents variables which are money supply
M1,M2,exchange rate EX, interest rate I, inflation INF, and dependent variables which is
DSE index (M_I)
The result, by using the Unrestricted error correction model (UECM) shows that
there is positive relation in short and long term between money supply (M1) and DSE
index, but it was and negative one in short term between M2 and DSE index, and became a
positive in long term, and the relation was negative between inflation and DSE index in
short and long term. There was a negative one with exchange rate in short and long term,
and also negative one with interest rate.
As conclusion, it should be necessary to improve the behavior of monetary policy to
control all this variable in the way that made it has positive effects on DSE index.
