The Political Economy of Postwar Reconstruction in Lebanon

Ghassan Dibeh

No RP2005-44, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper studies the postwar economic and political reconstruction in Lebanon. The paper shows that the 'reconstruction boom' was short-lived. The economy experienced a growth trap early in the reconstruction period, and entered a cyclical crisis in 1998 which resulted from an ill-designed fiscal-monetary policy mix.

Keywords: Distribution; Public expenditures; Fiscal policy; Macroeconomics; Social conflict (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (7)

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