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Book Growth Destruction And The Challenges Of Reconstruction Macroeconomic Essays On Lebanon

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Growth, Destruction And The Challenges Of Reconstruction: Macroeconomic Essays On Lebanon
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Growth, Destruction And The Challenges Of Reconstruction: Macroeconomic Essays On Lebanon

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Category: Healthy Child Development [Edit]
Language: English
Publisher:  المركز اللبناني للدراسات
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Pages: 374
Rank: 675,672 No 1 most popular
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This volume is a collection of articles and papers (including unpublished material) written since 1981 by Dr. Nasser Saidi on economic development in Lebanon over the years 1950 through 1998. The essays fall in the area of macroeconomics, public finance, money, exchange rates, and capital markets. The articles span the recent economic history of Lebanon, covering periods of growth and relative prosperity; destruction during the years of war and violence; followed by years of transition and the onset of economic reconstruction. The essays survey the consequences of war and adversity on a small economy: the resulting destruction of its physical, social, and political infrastructure; the disastrous effects on public finances and the public sector's ability to cope with the challenges of reconstruction; the resulting inflation, currency depreciation, and dollarization of the economy. In this there may be lessons for other countries, and for Lebanon as it stands at a crossroads in its history facing a large number of challenges: economic, environmental, social, and political.

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