Economics & Policy articles

Vital and seeking vibrancy

Vital and seeking vibrancy

The numbers for overall premiums growth, penetration and density in the Lebanese insurance market in 2017 may not bring huge surprises. In 2016 the sector delivered 3 percent nominal growth in gross premiums, from $1.52 billion in 2015 to $1.56 billion, according to the latest quarterly report of the Association of Insurance Companies of Lebanon

The battle between good and evil goes virtual

The serpent’s tale is a powerful narrative that has captured man’s attention over millennia. The contemporary version of the story goes something like this: the digital garden at first was created as a lush world filled with smart gadgets, useful computer programs, fun games, social networks and great business opportunities. People were delighted with these

Interview with a public servant

As part of our quest for highlighting possible future avenues of progress in the Lebanese Republic, Executive discussed the issue and importance of the 2017 budget with Alain Bifani, director general at the Ministry of Finance. In the course of the interview, the general director also commented on the systemic aspects of the public administration’s

Yossi Alpher, No End of Conflict

Yossi Alpher, a veteran of Israel’s intelligence services, starts “No End of Conflict” with a personal and emotional account of his role in an attempt to reunite two sisters from the Holy Land, separated since 1947 – first by their choosing different paths in life and later because of the new borders imposed on Palestine

Shedding light on a black market

This past November Lebanese authorities disrupted a smuggling operation that had evaded detection for over a decade. The items trafficked were mobile phones to the tune of 2.5 million devices valued at some $45 million during the network’s lifespan, local media reported. The trafficking network’s alleged mastermind? Kamel Amhaz. The name might sound familiar. Just

Putting meat on the skeleton of the state

Walking through the center of Beirut, Nejmeh Square, to the steps leading up to the Lebanese Ministry of Finance (MoF) is even more eerie today than it was 19 years ago. Back then, Downtown was still riddled with brokenness – with scarred streets and uninhabitable buildings that showed the results of the years of conflict.

A roadmap for the first licensing round

On January 4 2017, the Lebanese government approved what many observers have been waiting for since March 2013: two oil and gas decrees, without which the country’s first licensing round could not proceed. One delineated offshore blocks, another detailed the model exploration and production agreement and set out the tender protocol. To signal its determination,

How to have a fair election

The goal of any electoral law in a representative democracy is fair and accurate representation. Many people in the country have argued that even with parliamentary seats divided among the country’s different religious groups, Lebanon has not done well in achieving this fair and accurate representation with its own electoral laws. A long-standing allegation against

Real risks and fake pathos

It is a funny thing with collective risk awareness. Human existence is full of perpetual risk, but our awareness of various risks differ. Even if different risks are equal in frequency and magnitude, some are perceived emotionally and with great and immediate personal involvement, while others only in intellectual terms, distanced from one’s existential core.

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