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Foreign Aid and Economic Development in Postwar Lebanon

Author

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  • Ghassan Dibeh

Abstract

This paper shows that foreign aid in postwar Lebanon passed through two phases with distinct features that have had far reaching implications for postwar development. In the first phase lasting from 1992-97, foreign aid was mainly channeled towards providing resources for postwar reconstruction projects. The second phase from 1997 to the present witnessed a qualitative shift in foreign aid utilization from reconstruction needs towards financial stability and balance-of-payments equilibrium needs.

Suggested Citation

  • Ghassan Dibeh, 2007. "Foreign Aid and Economic Development in Postwar Lebanon," WIDER Working Paper Series RP2007-37, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:rp2007-37
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    File URL: https://www.wider.unu.edu/sites/default/files/rp2007-37.pdf
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