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The study focused on the economic transformations caused by the Houthis in the areas under their control from their coup against the government in 2014 through 2025. The group turned the private sector into a tool for funding the war. Its policies led to the creation of a parallel economy reliant on market control, taxation, and privileges, rather than free competition. This system contributed to the weakening of state institutions, increased costs, and impacted citizens' livelihoods by raising prices and burdening consumers. The group also established a network of affiliated companies and expanded its control over profitable sectors such as imports and energy, directing resources to support the war effort while redistributing wealth and influence according to political loyalties.
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