IDEAS home Printed from https://ideas.repec.org/p/cpm/notfdl/2307.html
   My bibliography  Save this paper

Lebanon At Risk: The Uncertain Road From A Debt Overhang To A New Growth Path

Author

Listed:
  • Diwan, Ishac
  • Chaoul, Henri

Abstract

This paper provides an account of the 2019 financial crisis in Lebanon. It then analyzes a series of related questions. First, it considers the historical background and asks how the crisis could have been averted. Second, it reviews post-crises economic developments and attempts to explore the reasons behind their severity. Third, it reviews the policy recommendations suggested to exit the crisis and examines whether they need to be updated in view of recent developments. Fourth, it offers a vision of a new growth path for Lebanon and examines the implications of a recovery strategy. Finally, it discusses a revised donors’ strategy better adapted to the current circumstances.

Suggested Citation

  • Diwan, Ishac & Chaoul, Henri, 2023. "Lebanon At Risk: The Uncertain Road From A Debt Overhang To A New Growth Path," FDL Policy Notes 2307, CEPREMAP.
  • Handle: RePEc:cpm:notfdl:2307
    as

    Download full text from publisher

    File URL: https://findevlab.org/wp-content/uploads/2023/08/FDL_Lebanon-Policy-Brief_July23.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Lebanon; financial and banking crisis; balance of payment crisis; debt crisis; growth potential; stabilization and recovery; donor strategy;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cpm:notfdl:2307. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Martin Kessler (email available below). General contact details of provider: https://edirc.repec.org/data/ceprefr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.