Exploring Lebanon's Growth Prospects

Exploring Lebanon's Growth Prospects

Author: Charbel Nahas

Publisher: World Bank Publications

Published: 2012

Total Pages: 32

ISBN-13:

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This paper attempts to identify Lebanon's greatest constraints to economic growth, following a growth diagnosis approach. It concludes that fiscal imbalances and barriers to entry are most binding on long-term growth. Macroeconomic imbalances and related perceived risks affect the nature of investment decisions in Lebanon, in favor of liquid instruments rather than longer-term productive investments. Further, many barriers to entry discourage agents from investing in a number of markets: legal impediments to competition, corruption, and a set of fiscal incentives favoring the allocation of resources to non-tradable sectors, where potential demand and investment opportunities are scarcer. In turn, using a steady-state computable general equilibrium model, the paper assesses the long-term growth impact of a selected set of policy reforms envisaged to lift such constraints. Results suggest that 1 to 2 percentage points of additional GDP growth per year could be gained through public expenditure reform, greater domestic competition, and tax harmonization.


Lebanon

Lebanon

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2012-02-09

Total Pages: 47

ISBN-13: 1463953488

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Lebanon’s credit growth in 2008–10 has been concentrated in trade and services, household loans, and the construction sector. These sectors accounted for almost 80 percent of all new loans extended since 2008. Real estate lending in particular has been increased substantially. On the demand side, a renewal in confidence following an improved political environment in 2008 led to a rebound in economic activity that, together with a real estate boom, fueled credit demand.


The Future of Petroleum in Lebanon

The Future of Petroleum in Lebanon

Author: Sami Atallah

Publisher: Bloomsbury Publishing

Published: 2019-09-19

Total Pages: 377

ISBN-13: 1788318498

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What is the future of the oil and gas sector in Lebanon? Following the recent discovery of these valuable resources in the southern Mediterranean, including in the Cypriot and Israeli offshore reserves, the possibility of Lebanon also becoming a petroleum-producing country has been raised. This collection of essays addresses the major challenges and opportunities that accompany the country's hope to join the petroleum club. Covering the key policy issues - from Lebanon's susceptibility to the oil curse, to the environmental risks of production - this book brings together expert analysis to offer answers at the institutional level. Of central importance, the contributors argue, is that for Lebanon to benefit from the discovery of petroleum, it must first reform its institutions with the full support of the voting public and civil society. Combining rigorous quantitative and qualitative research, the Lebanese Center for Policy Studies has produced here an essential book that puts petroleum in Lebanon, and the important questions that come with it, within a global perspective.


Exploring Lebanon's Growth Prospects

Exploring Lebanon's Growth Prospects

Author: Charbel Nahas

Publisher: World Bank Publications

Published: 2007

Total Pages: 32

ISBN-13:

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Abstract: This paper attempts to identify Lebanon's greatest constraints to economic growth, following a growth diagnosis approach. It concludes that fiscal imbalances and barriers to entry are most binding on long-term growth. Macroeconomic imbalances and related perceived risks affect the nature of investment decisions in Lebanon, in favor of liquid instruments rather than longer-term productive investments. Further, many barriers to entry discourage agents from investing in a number of markets: legal impediments to competition, corruption, and a set of fiscal incentives favoring the allocation of resources to non-tradable sectors, where potential demand and investment opportunities are scarcer. In turn, using a steady-state computable general equilibrium model, the paper assesses the long-term growth impact of a selected set of policy reforms envisaged to lift such constraints. Results suggest that 1 to 2 percentage points of additional GDP growth per year could be gained through public expenditure reform, greater domestic competition, and tax harmonization.


The Middle East

The Middle East

Author: Barry Rubin

Publisher: Routledge

Published: 2015-03-17

Total Pages: 1332

ISBN-13: 1317455770

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The Middle East is an area of great importance globally, yet misperceptions abound. Events have made it a region of special interest to the West and so the search for understanding gains momentum. This publication is intended to clarify the region’s complex history and issues. In developing this project, the contributors’ set out to explore seven significant themes that are usually not found in other sources. While many books focus on political history and conflicts, this two-volume work deals specifically with culture, religion, women, economics, governance, and media, as well as the role that the region’s modern history has played in shaping its society and worldview.


Civil and Uncivil Violence in Lebanon

Civil and Uncivil Violence in Lebanon

Author: Samir Khalaf

Publisher: Columbia University Press

Published: 2002

Total Pages: 395

ISBN-13: 0231124775

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Khalaf argues that historically internal grievances have been magnified or deflected to become the source of international conflict. From the beginning, he shows, foreign interventions have consistently exacerbated internal problems."--BOOK JACKET.


Innovations in Digital Instruction Through Virtual Environments

Innovations in Digital Instruction Through Virtual Environments

Author: DeHart, Jason D.

Publisher: IGI Global

Published: 2023-04-25

Total Pages: 330

ISBN-13: 1668470160

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The implementation of virtual environments in education has been rapidly increasing in frequency after the COVID-19 pandemic. As these technologies rise in popularity, it is essential to understand the roles digital technologies play in fostering connections and learning, the affordances of digital texts and spaces for virtual classroom experiences, the difficulties educators have faced and how these practices have been crafted to meet these challenges, and more. Innovations in Digital Instruction Through Virtual Environments advances knowledge about the pedagogical decisions and lived experiences of researchers and educators both before and after the COVID-19 pandemic. It features research from those who have worked to sustain and develop digital/media pedagogical practices. Covering topics such as active learning environments, emotional labor, and textual engagements, this premier reference source is an excellent resource for educators and administrators of both K-12 and higher education, pre-service teachers, teacher educators, librarians, researchers, and academicians.


Exploring Lebanon's Growth Prospects

Exploring Lebanon's Growth Prospects

Author: Jean-Claude Berthelemy

Publisher:

Published: 2016

Total Pages: 32

ISBN-13:

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This paper attempts to identify Lebanon's greatest constraints to economic growth, following a growth diagnosis approach. It concludes that fiscal imbalances and barriers to entry are most binding on long-term growth. Macroeconomic imbalances and related perceived risks affect the nature of investment decisions in Lebanon, in favor of liquid instruments rather than longer-term productive investments. Further, many barriers to entry discourage agents from investing in a number of markets: legal impediments to competition, corruption, and a set of fiscal incentives favoring the allocation of resources to non-tradable sectors, where potential demand and investment opportunities are scarcer. In turn, using a steady-state computable general equilibrium model, the paper assesses the long-term growth impact of a selected set of policy reforms envisaged to lift such constraints. Results suggest that 1 to 2 percentage points of additional GDP growth per year could be gained through public expenditure reform, greater domestic competition, and tax harmonization.