New Program of Economic Research in Syria and Iraq

Thesigers launches new program of research to map local economic conditions in Syria and Iraq, as part of its wider focus on illicit resources and finance.

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As part of the Company's wider focus on illicit resources and finance in fragile and conflict affected states, Thesigers has launched a new program of research to map local economic conditions in Syria and Iraq.

Thesigers undertakes ethical, market driven, self-initiated and exploratory fieldwork in difficult environments. The Company maps conditions from the bottom up to understand current strategic, operational and business risks, and to assess the prospects for future public and private sector investment. Thesigers has successfully conducted research of this kind around the world, including past assignments in the Middle East and North Africa, Sub-Saharan Africa, Latin America and the Asia Pacific region.

According to an October 2016 World Bank assessment, Iraq's economy has faced severe short term difficulties due to oil price volatility, the on-going ISIS insurgency and a range of security, infrastructure and humanitarian challenges. Despite this, there are reasons for optimism, including recent gains against ISIS and forecast oil price increases in 2017. Although conditions remain volatile and insecure, we believe these conditions represent opportunities for external aid donors and investors, and hope for a better future for those directly impacted by conflict.

To understand these opportunities, and to better advise prospective clients on the viability of future spending in Iraq, Thesigers has strengthened its team of in-house staff and its roster of local researchers. Between January and May of 2017, the Company undertook an initial field survey of economic conditions in Iraq, and of the social, cultural and financial dynamics underpinning them. Further research will include field studies in urban areas across both Syria and Iraq, as well as analysis of economic indicators developed from vernacular presses and social media content.

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For further information, email Thesigers at enquiries@thesigers.com. Include the words “Mapping Economic Conditions in Iraq” in the subject line, along with a detailed message.