Lebanon's Political Economy: From Predatory to Self-Devouring - Carnegie Middle East Center - Carnegie Endowment for International Peace
Summary Over the past three decades, Lebanon’s ruling class—which comprises intertwined political and business elites—has run the country into the ground. To survive its ongoing accumulation of challenges, including the financial crisis that erupted in October 2019, Lebanon requires a revamped state backed by a new economic model with social justice at its core. Tax reform is central to such an endeavor—and to ensuring that the state has the means both to deliver basic services and to tackle poverty and inequality. Key Themes Since 2005, Lebanon has been characterized by extreme inequ...
Source: carnegie-mec.org