The Effect of Information and Communication Technology on Economic Growth Analytical & Statistical Research: 1995-2012

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.

The Relationship Between the Development of Financial System and Economic Growth (Literary Review)

This article aims to revision of literature concerned with the study of relationship between financial system development and the economic growth. To confirm the nature of this relationship and its direction and also defining how the financial system may affect economy, because many theoretical and applied studies treated this questions due to its huge importance and the importance of decision based on its results. So to what extent these studies could answer.

Using Factor Analysis for studying the relationship between Financial Sector Development and Economic Growth

this study aimed to use derived indicators for development of financial system by using factor analysis to fully understand the level of financial development in Syria and it's relationship with the economic growth.

Studying the Relationship between Financial Development and Economic Growth in Syria (1980-2010)

This study investigates the relationship between the financial development and the economic growth in Syria during the period (1980-2010). The financial development was measured by the credit granted to the private sector and the broad money M2 whereas the economic growth was measured by the real gross domestic product per capita.

The impact of FDI on Economic Growth in Syria during the period 2000-2010

Foreign direct investment FDI has been started to play a major role in supporting the growth of the economies of developing countries since the eighties of the last century, taking advantage of the rapid spread of information and communication technology ICT and the trend towards a market economy in most developing countries and trade liberalization in them. These countries began to depend more on foreign direct investment because of the great benefits that derive from it in terms of capital, employment and increase in exports, or in terms of obtaining the modern technology which is necessary to achieve the economic development. In Syria, foreign direct investment flows started to increase since 2003 as a result of the new directions of the Syrian government to open up to domestic and foreign private sector, and reliance on the market economy. The objective of this research is to shed light on the reality of foreign direct investment in Syria, and to clarify the impact of this investment on economic growth during the period 2000-2010. It has reached to find out that this effect was weak.

Business activities and role of small and medium-sized enterprises SME's in increasing gross domestic product GDP in Syria

This research highlight the business activities and the role of small and mediumsized enterprises SME's in the national economy, and expectancy role of this sector is increasing economic activity, securing jobs and increasing gross domestic product GDP in general. It also focuses on the most important characteristics and features of the sector of SME's in Syria. In addition to review of the main weaknesses facing the national economy in general and this sector, in particular, which contributed to the derivation of many suggestions contribute to the advancement and development of business environment and SME's and to the promotion and support its role in national economy.

The Relative Importance of Competitiveness Axes and its Role in Economic Growth in Syria

The concept of competitiveness is a new economic concept characterized by dynamism and consists of three axes, which are basic requirements, efficiency enhancers and creativity development factors. Therefore, attention must be paid to competitiveness and benefit should be obtained from its concept to achieve economic development, growth and improving people's living standard. In this research we studied the relationship between per capita GDP as a touchstone of economic growth on the one hand, and competitiveness index on the other. We also determined priorities posed by competitive axes in calculating the value of this index to get standard models that play a role in determining relations and predicting future values, and determining the appropriate strategy for economic growth. We concluded that the basic prerequisites play the largest role in the planning of economic growth (45%), followed by boosters (34%), and we discovered that creativity development factors play a trivial role in economic growth (21%). These results indicate that the competitive index depends on the service and commercial hubs and creativity development is not given the attention it deserves as it has an essential role in the economic growth and cultural progress.