Over the past 20 years, it was repeatedly argued that the Lebanese fixed exchange rate was overvalued, sometimes by as high as 50%. What Read More
MACROECONOMIC OVERVIEW Lebanon was in a state of “economic recession” in 2019. GDP growth dipped into negative territory in the consecutive quarters Q1 Read More
In this paper, we try to focus on the published breakdown of Lebanon’s deposits and analyze the changes in accounts’ currency, Read More
Abstract There is no international framework or sovereign law today that forces any country to undergo a debt restructuring or resort to Read More
It is generally known that the Lebanese economy extends to all five continents of the globe given that – by some estimates – more Read More
The Central Administration of Statistics (CAS) recently published the national accounts report for 2018, which revealed that Lebanon’s real GDP growth fell Read More
The ongoing Lebanese economic crisis has brought more to the fore the importance of the current account deficit in perpetuating the crisis. Read More
Preface “This time is different because the shock does not have a limited time span.” Six years after publishing this paper on Read More
Abstract The car market carries bigger indications than car sales and ownership. Analyzing the autos market, in a small economy like Lebanon Read More
Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. In the Read More
