Corruption is rife in Syrian society and state institutions. Syria needs urgent economic reform. Of course political reform bringing transparency and accountability is a prerequisite to economic reform. The Syrian economy cannot be run on the basis of the regime's nepotism and favouritism. Every Syrian deserves opportunity and prosperity. Syria must be transformed into a market economy with the end of socialist authoritarian control. Innovation and enterprise are needed to create jobs for the masses. This coupled with new foreign investment would be a sound foundation for future economic growth.