Home Economics & PolicyTo stay and to expand

To stay and to expand

by Thomas Schellen

While the attention of economic actors, policy-makers, civil society activists, most analysts, and international advisors has been, firmly and necessarily, on the vast repercussions of the Lebanese currency crash, inflation, failure to implement state and structural reforms, and counter the rising tides of inequality, unemployment, domestic violence, hunger, and other base-level wants, the strongest and most future-proof assets of Lebanon are intangible and difficult to quantify: human and social capital. These assets, however, are tied in with factors of mental health, culture, familial, communal, and societal cohesion that are under constant pressure in the crisis of everything. Education, and specifically, tertiary education and a life-long learning culture, are critical to the preservation, new initiation, and sustainable development of human capital in Lebanon after the immediate economic and social crisis. To understand how the top tier of the education system seeks to ward off further deterioration of the human capital stock

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