Lebanon Economic Monitor, Fall 2021 : The Great Denial

The scale and scope of Lebanon’s deliberate depression are leading to the disintegration of key pillars of Lebanon’s post-civil war political economy. Monetary and financial turmoil along with surging inflation continue to drive crisis conditions. Public finances improved in 2021 as spending collaps...

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Main Author: World Bank
Format: Report
Published: World Bank, Washington, DC 2022
Subjects:
Online Access:http://hdl.handle.net/10986/36862
id okr-10986-36862
recordtype oai_dc
spelling okr-10986-368622022-01-25T05:10:45Z Lebanon Economic Monitor, Fall 2021 : The Great Denial World Bank ECONOMIC GROWTH FISCAL TRENDS EXTERNAL SECTOR BANKING MONETARY POLICY ECONOMIC OUTLOOK RISKS INSTITUTIONS EXCHANGE RATE INFLATION PANDEMIC RESPONSE The scale and scope of Lebanon’s deliberate depression are leading to the disintegration of key pillars of Lebanon’s post-civil war political economy. Monetary and financial turmoil along with surging inflation continue to drive crisis conditions. Public finances improved in 2021 as spending collapsed faster than revenue. Lebanon urgently needs to adopt and implement a credible, comprehensive, equitable reform plan if it is to avoid a complete destruction of its social and economic networks and immediately stop irreversible loss of human capital. 2022-01-24T15:33:53Z 2022-01-24T15:33:53Z 2022-01-24 Report http://hdl.handle.net/10986/36862 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling Middle East and North Africa Lebanon
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
topic ECONOMIC GROWTH
FISCAL TRENDS
EXTERNAL SECTOR
BANKING
MONETARY POLICY
ECONOMIC OUTLOOK
RISKS
INSTITUTIONS
EXCHANGE RATE
INFLATION
PANDEMIC RESPONSE
spellingShingle ECONOMIC GROWTH
FISCAL TRENDS
EXTERNAL SECTOR
BANKING
MONETARY POLICY
ECONOMIC OUTLOOK
RISKS
INSTITUTIONS
EXCHANGE RATE
INFLATION
PANDEMIC RESPONSE
World Bank
Lebanon Economic Monitor, Fall 2021 : The Great Denial
geographic_facet Middle East and North Africa
Lebanon
description The scale and scope of Lebanon’s deliberate depression are leading to the disintegration of key pillars of Lebanon’s post-civil war political economy. Monetary and financial turmoil along with surging inflation continue to drive crisis conditions. Public finances improved in 2021 as spending collapsed faster than revenue. Lebanon urgently needs to adopt and implement a credible, comprehensive, equitable reform plan if it is to avoid a complete destruction of its social and economic networks and immediately stop irreversible loss of human capital.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Lebanon Economic Monitor, Fall 2021 : The Great Denial
title_short Lebanon Economic Monitor, Fall 2021 : The Great Denial
title_full Lebanon Economic Monitor, Fall 2021 : The Great Denial
title_fullStr Lebanon Economic Monitor, Fall 2021 : The Great Denial
title_full_unstemmed Lebanon Economic Monitor, Fall 2021 : The Great Denial
title_sort lebanon economic monitor, fall 2021 : the great denial
publisher World Bank, Washington, DC
publishDate 2022
url http://hdl.handle.net/10986/36862
_version_ 1764486054078840832