Lebanon and Jordan: Enclaves of Capitalism

Rodney Wilson

Chapter 10 in The Economies of the Middle East, 1979, pp 152-166 from Palgrave Macmillan

Abstract: Abstract These two small countries have been left to the end of this study of the economies of the Middle East. This is not because their limited size makes them any less significant, but rather is due to the fact that both their economies are very dependent on the economic health of the other countries already covered. Lebanese commerce and banking served the whole Middle East, and only a small portion of its business was generated internally. Similarly the Hashemite Kingdom of Jordan was, and is, dependent on financial support from the oil-rich monarchies and shiekhdoms to the south, to cover both its budget deficit and its balance of payments. A knowledge of the Middle Eastern neighbours of both states therefore helps the reader understand the forces underlying Lebanese and Jordanian development, as well as the economic constraints.

Keywords: Middle East; Financial Centre; Export Earning; Free Zone; Domestic Inflation (search for similar items in EconPapers)
Date: 1979
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-03421-5_10

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349034215

DOI: 10.1007/978-1-349-03421-5_10

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().