Home Economics & PolicyBattered and neglected

Battered and neglected

by Ramzy el-Amine

It is an exercise in historic futility to ask if Lebanon was at any time in its past or present unaffected by Syria. From the moment the first cracks in Syria’s internal stability opened in 2011, it was clear that Lebanon would have to cope with the repercussions, and while the magnitude of the refugee problem was perhaps underestimated even in the first part of 2012, the first six months of 2013 have left it unmistakable that the region is facing its worst humanitarian disaster in over 50 years.  As all humanitarian disasters have a massive economic component, the only question today is how long this economic shock will last. Wael Mansour, economist at the World Bank, says, “We are looking at a potential medium- to long-term development challenge to Lebanon.”  Local and international media have focused on the spillover effect on the Lebanese labor market, describing the influx of

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