The Economic and Financial Collapse of the Once-Called “Paris of the Middle East”
Lebanon is facing a multi-faceted crisis and many geopolitical challenges. The fiscal deficit, balance of payment deficit, unsustainable public debt, currency collapse, and historic financial sector crisis are but a few of the main factors plunging the country into an economic depression. This is, disastrously, driving poverty to reach more than 50 percent of the […]
Lebanon’s Parliament During a Year of Collapses and Crises: Lack of Vision, Populism, Inertia, and Buying Time for a Crumbling House of Cards
Legislative Lethargy and Low Productivity The Parliament held 8 sessions during the period between October 17th, 2019 and the end of 2020. The four legislative sessions included 172 different topics1. Urgent and repeated proposed laws represented 86% of the proposals on the Parliament’s agenda, i.e. the proposals that directly reach the General Assembly, without being […]