By Invitation: Dr Azar is with the Faculty of Business Administration and Economics, Haigazian University. The views expressed in this note are strictly his and do not necessarily reflect the views of ... read more
It is generally known that the Lebanese economy extends to all five continents of the globe given that – by some estimates – more than 10 million Lebanese live outside the country. That is of course not ... read more
Abstract Lebanon’s fiscal performance weakened considerably in 2018. The country lost the primary surplus to a primary deficit and recorded a 10-year high fiscal deficit of $6.25B. The exacerbated fiscal ... read more
In the words of James W. Frick, the American author, “Don’t tell me where your priorities are. Show me where you spend your money and I’ll tell you what they are”. In the same spirit, the Central ... read more
Global Blue’s Tourists Spending Report showed that tourist spending in Lebanon improved by 9% in the third quarter of 2014 compared to the same quarter of 2013. Yet, the first nine months of 2014 ... read more
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