Home Executive RoundtablesTransition scenarios and their bleak alternatives

Transition scenarios and their bleak alternatives

by Thomas Schellen

For the roundtable on financial reality, monetary needs, and trade and energy issues, the discussion brief invited debate on the role and responsibility of the central bank, the banking sector, the insurance sector, and capital markets in Lebanon, coupled with exploring the country’s circumstances with regard to trade and remittances, its interdependency on international financial markets, the prospects for international participation in infrastructure investing, and the national impact of global financialization. For the initial question, Executive editors asked if Lebanon has its own capacity to devise an economic plan for near, medium, and long-term economic rescue and progress. In the realization of the financial reality roundtable, this initial query was expanded by the moderator into four questions: namely if an economic plan could still be viable in light of the ongoing uprising and economic shocks experienced since mid-October 2019, what the best course of action was in regard to the

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