More corrupt or just more apparent? Lebanon is either becoming more corrupt or just appears so, according to the latest survey from the global corruption watchdog Transparency International (TI). The …
Economics & Policy
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Entrepreneurial progress is made in a nation when leaders inspire, transform and generate jobs and opportunities. That means tax incentives for new businesses. In emerging markets, it also calls for …
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As we take a long hard look at Lebanese society, we cannot help but grimace at the prevalent corruption. It is a painful reality that corruption is deeply entrenched …
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Politics and economics have always had an abusive relationship in Lebanon, with the latter habitually falling victim to the former’s unpredictable behavior. Like any odd couple, there are times when …
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Raya Hassan is Lebanon’s finance minister. Saddled with a debt around one-and-a-half times the size of the country’s economic output, a gaping deficit and a lack of infrastructure, she …
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Official figures put the average real growth rate of Lebanon’s economy at about 8.8 percent during the years 2008 to 2010, constituting one the highest average growth rates in …
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During the civil war, Beirut’s Commodore Hotel acted as a shelter for the various journalists and dignitaries who would brave the chaos to try and understand why this small …
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IMF cautions against complacency On October 8 the International Monetary Fund issued the final report of its annual consultation with Lebanon. The report sounds out the resilient position of Lebanon …
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With Russia, we remember centuries of territorial disputes, with the British their past control of our oil, and with the Americans we remember them supporting the Shah,” says a …
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Last month the cabinet endorsed a measure to allow for price controls on food products that would assign levels of “acceptable profits,” according the Agriculture Minister Hussein Hajj Hassan. The …
