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Author: Charbel Nahas
Publisher: World Bank Publications
ISBN:
Category : Access to Finance
Languages : en
Pages : 32
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Book Description
Abstract: This paper attempts to identify Lebanon's greatest constraints to economic growth, following a growth diagnosis approach. It concludes that fiscal imbalances and barriers to entry are most binding on long-term growth. Macroeconomic imbalances and related perceived risks affect the nature of investment decisions in Lebanon, in favor of liquid instruments rather than longer-term productive investments. Further, many barriers to entry discourage agents from investing in a number of markets: legal impediments to competition, corruption, and a set of fiscal incentives favoring the allocation of resources to non-tradable sectors, where potential demand and investment opportunities are scarcer. In turn, using a steady-state computable general equilibrium model, the paper assesses the long-term growth impact of a selected set of policy reforms envisaged to lift such constraints. Results suggest that 1 to 2 percentage points of additional GDP growth per year could be gained through public expenditure reform, greater domestic competition, and tax harmonization.
Author: Charbel Nahas
Publisher: World Bank Publications
ISBN:
Category : Access to Finance
Languages : en
Pages : 32
Get Book Here
Book Description
Abstract: This paper attempts to identify Lebanon's greatest constraints to economic growth, following a growth diagnosis approach. It concludes that fiscal imbalances and barriers to entry are most binding on long-term growth. Macroeconomic imbalances and related perceived risks affect the nature of investment decisions in Lebanon, in favor of liquid instruments rather than longer-term productive investments. Further, many barriers to entry discourage agents from investing in a number of markets: legal impediments to competition, corruption, and a set of fiscal incentives favoring the allocation of resources to non-tradable sectors, where potential demand and investment opportunities are scarcer. In turn, using a steady-state computable general equilibrium model, the paper assesses the long-term growth impact of a selected set of policy reforms envisaged to lift such constraints. Results suggest that 1 to 2 percentage points of additional GDP growth per year could be gained through public expenditure reform, greater domestic competition, and tax harmonization.
Author: David Cobham
Publisher: Routledge
ISBN: 1136864164
Category : Business & Economics
Languages : en
Pages : 295
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Book Description
Building on the editors’ earlier book, Monetary Policy and Central Banking in the Middle East and North Africa, this book emphasises monetary policy strategies and frameworks. It fills an important gap providing multi-country and single-country studies on monetary policy in post-civil war Lebanon, Egypt, Jordan, the Palestinian Territory and Turkey.
Author: Lois Stevenson
Publisher: IDRC
ISBN: 1849802955
Category : Business & Economics
Languages : en
Pages : 383
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Book Description
Examines the challenges to private sector growth in 12 Middle East and North African (MENA) countries, assessing comparative performance against a number of indicators and focusing on the special role of SMEs and entrepreneurial activity. Highlights the variation among countries in private sector dynamism and performance, the major government policy initiatives supporting private sector and SME activity in each country, and the perspectives of government officials, researchers, and other stakeholders on research, policy, and institutional capacity needs. Concludes with a framework for guiding a comprehensive set of policies and strategies to unleash the potential of entrepreneurship as a platform for future private sector growth.
Author: Julia Devlin
Publisher: World Scientific
ISBN: 9812793445
Category : Business & Economics
Languages : en
Pages : 566
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Book Description
development, political scientists and development practitioners." --Book Jacket.
Author: Laura Guazzone
Publisher: Garnet Publishing Ltd
ISBN: 0863725104
Category : History
Languages : en
Pages : 448
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Book Description
Now available in paperback, this collection of essays offers an alternative approach to the study of today's Arab states by focusing on their participation in neo-liberal globalization rather than on authoritarianism or Islam. The effects of the restructuring of traditional state power engendered by globalization are analyzed separately, through updated empirical research into the political, economic, and security processes of each country considered. Egypt, Lebanon, Morocco, and Saudi Arabia are the case studies selected to represent different paths towards a shared model of a 'new' Arab state which, far from representing an exceptional case of resilience against global trends, may be seen in many instances as typifying their effects. The book offers both an overall conceptualization of change affecting the Arab states, domestically and internationally, and a series of in-depth case studies by country and functional areas. It is extremely timely when viewed within the context of the current political unrest and unprecedented change within the Middle East. This paperback edition includes a new preface which links the author's research to the current Arab Spring crisis.
Author: Sami Atallah
Publisher: Bloomsbury Publishing
ISBN: 1788318501
Category : History
Languages : en
Pages : 358
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Book Description
What is the future of the oil and gas sector in Lebanon? Following the recent discovery of these valuable resources in the southern Mediterranean, including in the Cypriot and Israeli offshore reserves, the possibility of Lebanon also becoming a petroleum-producing country has been raised. This collection of essays addresses the major challenges and opportunities that accompany the country's hope to join the petroleum club. Covering the key policy issues - from Lebanon's susceptibility to the oil curse, to the environmental risks of production - this book brings together expert analysis to offer answers at the institutional level. Of central importance, the contributors argue, is that for Lebanon to benefit from the discovery of petroleum, it must first reform its institutions with the full support of the voting public and civil society. Combining rigorous quantitative and qualitative research, the Lebanese Center for Policy Studies has produced here an essential book that puts petroleum in Lebanon, and the important questions that come with it, within a global perspective.
Author: Barry Rubin
Publisher: Routledge
ISBN: 1317455789
Category : Business & Economics
Languages : en
Pages : 699
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Book Description
The Middle East is an area of great importance globally, yet misperceptions abound. Events have made it a region of special interest to the West and so the search for understanding gains momentum. This publication is intended to clarify the region’s complex history and issues. In developing this project, the contributors’ set out to explore seven significant themes that are usually not found in other sources. While many books focus on political history and conflicts, this two-volume work deals specifically with culture, religion, women, economics, governance, and media, as well as the role that the region’s modern history has played in shaping its society and worldview.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1463953488
Category : Business & Economics
Languages : en
Pages : 47
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Book Description
Lebanon’s credit growth in 2008–10 has been concentrated in trade and services, household loans, and the construction sector. These sectors accounted for almost 80 percent of all new loans extended since 2008. Real estate lending in particular has been increased substantially. On the demand side, a renewal in confidence following an improved political environment in 2008 led to a rebound in economic activity that, together with a real estate boom, fueled credit demand.
Author: UNESCO
Publisher: UNESCO Publishing
ISBN: 9231004646
Category : Political Science
Languages : en
Pages : 68
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Book Description
Author: Samir Khalaf
Publisher: Columbia University Press
ISBN: 0231124775
Category : History
Languages : en
Pages : 395
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Book Description
Khalaf argues that historically internal grievances have been magnified or deflected to become the source of international conflict. From the beginning, he shows, foreign interventions have consistently exacerbated internal problems."--BOOK JACKET.
