1. After the Fall: Lebanon’s Path towards Monetary Stabilization
- Author:
- Jean Tawile
- Publication Date:
- 05-2021
- Content Type:
- Working Paper
- Institution:
- Arab Reform Initiative (ARI)
- Abstract:
- Lebanon is suffering the worst economic crisis in its history, caused by an economic model that produced a rentier economy feeding off a corruption-ridden state and preventing any economic growth and social justice. This model is not redeemable. This paper argues that stabilizing the currency is a first step to getting Lebanon’s economy back on the right track and explores possible pathways for doing so.
- Topic:
- Economics, Monetary Policy, Fiscal Policy, Strategic Stability, and Economic Stability
- Political Geography:
- Middle East and Lebanon