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Lebanon Economic Monitor, Fall 2021 : The Great Denial.

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
World Bank Group.
Series:
Economic Updates and Modeling.
World Bank e-Library.
Language:
English
Subjects (All):
Business Cycles and Stabilization Policies.
Economic Growth.
Fiscal and Monetary Policy.
Inflation.
Macroeconomics and Economic Growth.
Monetary Policy.
Local Subjects:
Business Cycles and Stabilization Policies.
Economic Growth.
Fiscal and Monetary Policy.
Inflation.
Macroeconomics and Economic Growth.
Monetary Policy.
Other Title:
Lebanon Economic Monitor, Fall 2021
Place of Publication:
Washington, D.C. : The World Bank, 2022.
System Details:
data file
Summary:
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.

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