Author Archives: Executive Editors

Economic Roadmap

Economic Roadmap

Reading Time: < 1 minute Building on the first draft of the economic roadmap published in the December 2018/January 2019 issue of Executive, this second draft includes an additional 261 measures and three entirely new national priorities that address judicial reform, labor, and how best to preserve national heritage. As was the intent from the beginning, we took a participatory

An uninspiring economic vision

Reading Time: 3 minutes In January, Lebanon published slides outlining McKinsey’s economic vision—the outcome of a report commissioned by the Ministry of Economy and Trade in late 2017 following government discussions. The 1,274-slide document was developed over the first half of 2018, and outlines an economic vision produced by the consulting firm and owned by the government.    If

Opportunites for new startups abound

Reading Time: 3 minutes Near the center of Beirut sits the heart of Lebanon’s startup ecosystem, the Beirut Digital District. It is mainly here that Lebanon’s entrepreneurs gather to pitch and develop solutions to problems that are uniquely Lebanese, and others that are less so. The country’s entrepreneurship ecosystem today faces challenges that are not insurmountable, and there are

Lebanon in need of a housing policy

Reading Time: 3 minutes There is a perception among Lebanese that the state is unresponsive to the needs of the public—it’s easy to understand why people might think that. For much of their thrice-extended mandate, from 2009 until May’s parliamentary elections, lawmakers neglected to legislate, the presidency was vacant for two and a half years, and laws that were

Healthcare sector in Lebanon carrying its own, but still in need of coordined development

Reading Time: 2 minutes If Lebanon were to visit a doctor for a head-to-toe physical, she might leave the appointment with a few prescriptions in hand. A check up on the overall robustness of the nation’s health infrastructure would show the vital signs of the country’s health sector as generally good, albeit with some lingering concerns, such as reports

It starts with you

Reading Time: 3 minutes A driver throws a sandwich wrapper from his car window onto the street. A pedestrian casually tosses an empty plastic bottle into the sea during his daily morning walk on the Corniche. A family enjoys a lovely day picnicking on the beach or in the mountain and thinks nothing of leaving their trash behind. These

Beware the bully

Reading Time: 5 minutes It is a wild and wondrous time. Almost a Big Bang moment. If all goes perfectly, Lebanon in April and May 2018 laid crucial seeds for a dual process of political maturation and economic resurrection. The two-month long excitement began with better than anticipated commitments from the CEDRE conference, an immense hope for billions of

Behind the talk

Reading Time: 5 minutes April was a milestone month, not one of celebration but of remembrance. Forty-three years ago last month is considered the start of the country’s civil war that drove many Lebanese to emigrate, displaced others, and killed many more, in addition to the 17,000 who cannot be accounted for. Beside the human toll, the civil war

This won’t be easy

Reading Time: 4 minutes This month, Lebanon will send a delegation of state officials to Paris to pitch an infrastructure development program dubbed the Capital Investment Plan (CIP) to the international community and private investors. Alongside the CIP officials will also unveil an economic vision, fiscal discipline measures, and structural and sectoral reforms. Of the four, Executive has only

Return to sanity now

Reading Time: 3 minutes After years without a state budget, Parliament met in October and voted the 2017 budget into law. What Parliament should have done is pass the 2018 budget, because the current fiscal year is almost over. There are also allegations that Parliament broke the law and violated the constitution: To pass a budget an audit must

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