Home Cover storyExperts tackle Lebanon’s dilemmas with a plethora of rescue plans

Experts tackle Lebanon’s dilemmas with a plethora of rescue plans

by Thomas Schellen

IN BRIEF The implications of Lebanon’s current fiscal crisis are grave, but not fated to be devastating. Economic rescue plans circulating remain in the pro-private and neo-liberal economic modes of thought. As a result, there is a reassuring amount of overlap but little efforts to explore solutions outside these paradigms.  At the beginning of 2020, Lebanon’s socio-political landscape lay in mental chaos. Void as before the first day of a creation process. The most elusive sight was solid economic ground and a stable future. From the lira exchange rate in the parallel market and inflation of consumer prices to the vapid statements of political intent for government formation plus the correlated vain media speculations, everything looked unhappily fluid. Even the weather fell in line, with an overload of cold, drenching rain that extended over the New Year into the second week of January. To add to it, the thawra (revolution)—by early

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