The role of financial institutions in the sustainable development of Lebanon

Toufic Mezher, Dima Jamali and Carine Zreik
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Toufic Mezher: American University of Beirut, Lebanon, Postal: American University of Beirut, Lebanon
Dima Jamali: American University of Beirut, Lebanon, Postal: American University of Beirut, Lebanon
Carine Zreik: American University of Beirut, Lebanon, Postal: American University of Beirut, Lebanon

Sustainable Development, 2002, vol. 10, issue 2, 69-78

Abstract: After years of war, Lebanon is witnessing an era of reconstruction and development. Worldwide experience has proven, however, that development cannot and should not be accomplished at the expense of the environment and natural resources. Thus, guiding Lebanon towards a sustainable development path is a must. Lebanese financial institutions, which are a major player in the market, have the potential to accelerate the sustainable development of the country. This paper investigates the actual role played by Lebanese financial institutions in the quest for sustainable development and offers practical recommendations that should help this sector improve its performance regarding sustainability issues. Copyright © 2002 John Wiley & Sons, Ltd. and ERP Environment.

Date: 2002
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:wly:sustdv:v:10:y:2002:i:2:p:69-78

DOI: 10.1002/sd.183

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