For one thing, human constants have to be considered. When Walter Bagehot, the founding editor of The Economist, reflected on the role of the “English Political Economy” shortly before his…
World Bank
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Lebanon is a wealthy country. In principle. It has all sorts of assets – land, water, industry, skilled workers and competitive professionals, a deep education system, touristic and cultural treasures, seasonal…
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A new report on the digital upside of MENA countries states that over the long run of more than the coming 20 years, “the socioeconomic upside of digitalizing the economy…
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While it is true that exaggeration is somewhat of a national trait, when it comes to congestion getting in or out of Beirut—and driving inside it—it often feels that no…
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While everyone in Lebanon — from taxi drivers to elected officials — “knows” the country’s largest waste manager is as dirty as the trash it collects, when pressed for proof,…
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As Lebanon stares down increasing deficits, mounting debt, a history of fiscal inefficiency and recent complications posed by the Syrian war, the state’s finances are yet again in troubled waters.…
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In his 2003 book “The law of insolvency,” Ian Fletcher writes “commercial morality, and respect for the rule of law, may be said to constitute the very bedrock upon which…
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Even as Eric Le Borgne, lead economist at the World Bank, presented the body’s latest report on the Lebanese economy yesterday, he knew facts on the ground were already making…
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Economics and policy The World Bank has granted Jordan $70 million in financing to help it to extend small loans to young people in depressed rural areas that have suffered…
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The World Bank revised Lebanon’s real GDP growth for last year downward from 2.8 percent to 1.7 percent. More from The Daily Star The United Arab Emirates sees no…