Investors hold their breath

by Michael Young April 1, 2005

written by Michael Young April 1, 2005

If the political confusion reigning at the end of March sent any kind of message as to what the agenda of a Lebanese government, or governments, would be in the next six months, it was that now is gambling season when it comes to predictions. The challenge to the Syrian-dominated order in Lebanon, which began after the assassination of former Prime Minister Rafik Hariri, has pushed most policy issues, particularly those related to the economy, to the backburner. Investors, at least those interested in Lebanon’s future, are understandably worried. Any sensible agenda they would define for the coming months would have to address several certified headaches. Amid plausible delight in seeing the onset of a new era in Lebanon, those with the money must keep a wary eye on the political and economic challenges, not to mention security threats, gathering like a storm cloud. What might their imagined list of

Michael Young

Michael Young is a senior editor at the Malcolm H. Kerr Carnegie Middle East Center in Beirut and editor of Diwan, Carnegie’s Middle East blog. Previously, he served as a contributing editor at Executive magazine in Lebanon. Young also worked as opinion editor and columnist for The Daily Star newspaper . He writes a biweekly commentary for The National (Abu Dhabi) and is the author of The Ghosts of Martyrs Square: An Eyewitness Account of Lebanon’s Life Struggle. Young holds degrees from the American University of Beirut and the Johns Hopkins School of Advanced International Studies.

Investors hold their breath

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