Development against All Odds? The Case of Lebanon

Marktanner Marcus and Samir Makdisi
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Marktanner Marcus: American University of Beirut

Review of Middle East Economics and Finance, 2008, vol. 4, issue 3, 101-133

Abstract: This paper explores Lebanon's development potential associated with greater fiscal capacity building to promote more equality of economic opportunities and productive economic activity and examines their impact on the country's likelihood of sporadic or lasting armed conflict. It is found that Lebanon forgoes a substantial amount of socio-economic development due to the political system's inability to build an efficiently sized public sector that can complement private economic activity. But even if Lebanon utilized its full development potential, it can barely beat the odds of armed conflict. This can be explained by Lebanon's exposure to considerable geoeconomic and geopolitical constraints.

Keywords: Lebanon; Chehabism; political economy of the Middle East; development simulation; determinants of war (search for similar items in EconPapers)
Date: 2008
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DOI: 10.2202/1475-3693.1173

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