Publication:
Lebanon Public Finance Review: Ponzi Finance?

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Date
2022-07
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2022-07
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Abstract
The Public Finance Review (PFR) analyzes Lebanon’s public finances over a long horizon, to understand the roots of the fiscal profligacy and its eventual insolvency. To do so, the PFR links three critical elements in three Sections. Section I: Fiscal Policy in the Second Republic; Section II: Macro-Financial Restructuring; Section III: Public Service Non-Delivery. A fourth critical element is geopolitics, which is beyond the scope of the PFR. Taken together, these form critical determinants of the outcomes for any future socio-political-economic re-configuration.
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World Bank. 2022. Lebanon Public Finance Review: Ponzi Finance?. © Washington, DC. http://hdl.handle.net/10986/37824 License: CC BY 3.0 IGO.
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