Publication:
Exploring Lebanon's Growth Prospects

Simple item page
dc.contributor.authorWorld Bank
dc.date.accessioned2013-03-28T20:24:07Z
dc.date.available2013-03-28T20:24:07Z
dc.date.issued2006-06-27
dc.description.abstractThis policy note reviews the current determinants of gross domestic product growth in Lebanon, and proposes a strategy to accelerate such growth in the years to come. Emigration and macro-economic trends will require urgent attention to foster growth. In the absence of job opportunities, half of each Lebanese generation eventually emigrates while another fourth stays idle. Lebanon's active population is aging, its human capital is eroding, and its resident population is aging. To reverse these trends, growth needs to be accelerated to meet Lebanese economic expectations. Reviewing various possible constraints, the note concludes that fiscal imbalances and barriers to entry are most binding to economic growth. A pro-growth strategy could be articulated around fiscal stabilization and reducing barriers to investment. If synonymous with structural reforms in the pension, civil service and energy sectors, fiscal stabilization could even bring significant growth rewards, which are estimated at 0.4-0.5 percentage points of additional real GDP growth per year.en
dc.identifierhttp://documents.worldbank.org/curated/en/2006/06/16332766/lebanon-exploring-lebanons-growth-prospects
dc.identifier.doi10.1596/13053
dc.identifier.urihttps://hdl.handle.net/10986/13053
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectAGGREGATE DEMAND
dc.subjectAGRICULTURE
dc.subjectBALANCE OF PAYMENTS
dc.subjectBANKING REGULATIONS
dc.subjectBANKING SECTOR
dc.subjectBANKRUPTCIES
dc.subjectBARRIERS TO ENTRY
dc.subjectBASIS POINTS
dc.subjectBENCHMARK
dc.subjectBINDING CONSTRAINT
dc.subjectBONDS
dc.subjectBORROWING COSTS
dc.subjectBORROWING REQUIREMENTS
dc.subjectBUSINESS CYCLE
dc.subjectBUSINESS CYCLES
dc.subjectCAPITAL ACCOUNT
dc.subjectCAPITAL FLOWS
dc.subjectCAPITAL INFLOWS
dc.subjectCAPITAL MARKETS
dc.subjectCAPITAL MARKETS DEVELOPMENT
dc.subjectCAPITAL MOBILITY
dc.subjectCAPITAL MOVEMENTS
dc.subjectCAPITAL OUTFLOWS
dc.subjectCAPITAL STOCK
dc.subjectCENTRAL BANK
dc.subjectCHECKS
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMERCIAL LAWS
dc.subjectCOMPETITIVENESS
dc.subjectCONSUMER PRICE INDEX
dc.subjectCONSUMERS
dc.subjectCONTRACT ENFORCEMENT
dc.subjectCURRENCY
dc.subjectCURRENT ACCOUNT DEFICIT
dc.subjectDEBT
dc.subjectDEBT LEVELS
dc.subjectDEBT OVERHANG
dc.subjectDEBT PAYMENTS
dc.subjectDEBT RESTRUCTURING
dc.subjectDEBT SERVICE
dc.subjectDEBT STOCK
dc.subjectDEBTORS
dc.subjectDECISION MAKING
dc.subjectDECISION TREE
dc.subjectDEMAND FOR CREDIT
dc.subjectDEPOSITORS
dc.subjectDEPOSITS
dc.subjectDEPRECIATION OF ASSETS
dc.subjectDEVALUATION
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDISPOSABLE INCOME
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC MARKETS
dc.subjectDYNAMIC ANALYSIS
dc.subjectECONOMETRIC ANALYSIS
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC CONSTRAINTS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC EFFICIENCY
dc.subjectECONOMIC EXPECTATIONS
dc.subjectECONOMIC FLUCTUATIONS
dc.subjectECONOMIC HISTORY
dc.subjectECONOMIC RISKS
dc.subjectECONOMIC SITUATION
dc.subjectECONOMIC TRENDS
dc.subjectECONOMIES OF SCALE
dc.subjectELASTICITY
dc.subjectELASTICITY OF SUBSTITUTION
dc.subjectEMERGING ECONOMIES
dc.subjectENFORCEMENT OF CONTRACTS
dc.subjectEQUILIBRIUM
dc.subjectEQUIPMENTS
dc.subjectEUROBOND
dc.subjectEXCHANGE RATE
dc.subjectEXCISE TAXES
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORT GROWTH
dc.subjectEXPORT PERFORMANCE
dc.subjectEXPORTS
dc.subjectEXPROPRIATION
dc.subjectEXTERNAL DEBT
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL DEVELOPMENTS
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SUPPORT
dc.subjectFINANCIAL SYSTEM
dc.subjectFISCAL POLICIES
dc.subjectFISCAL POLICY
dc.subjectFIXED CAPITAL
dc.subjectFIXED COSTS
dc.subjectFIXED INVESTMENT
dc.subjectFORECASTS
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN COMPETITION
dc.subjectFOREIGN CURRENCIES
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN DIRECT INVESTMENTS
dc.subjectFOREIGN FUNDS
dc.subjectFOREIGN MARKETS
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGENERAL EQUILIBRIUM ANALYSIS
dc.subjectGNP
dc.subjectGOVERNMENT BORROWING
dc.subjectGOVERNMENT SPENDING
dc.subjectGROSS FIXED CAPITAL FORMATION
dc.subjectGROSS NATIONAL PRODUCT
dc.subjectGROWTH POTENTIAL
dc.subjectGROWTH RATE
dc.subjectHUMAN CAPITAL
dc.subjectIMPERFECT COMPETITION
dc.subjectIMPLICIT SUBSIDY
dc.subjectINCOME
dc.subjectINCOME LEVELS
dc.subjectINDEBTEDNESS
dc.subjectINFLATION
dc.subjectINFRASTRUCTURE INVESTMENTS
dc.subjectINSTRUMENT
dc.subjectINTELLECTUAL PROPERTY
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL CAPITAL
dc.subjectINTERNATIONAL CAPITAL MARKETS
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVENTORY
dc.subjectINVESTING
dc.subjectINVESTMENT BANKING
dc.subjectINVESTMENT BEHAVIORS
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT DECISIONS
dc.subjectINVESTMENT FINANCE
dc.subjectINVESTMENT OPPORTUNITIES
dc.subjectINVESTMENT RATE
dc.subjectJUDICIAL REFORM
dc.subjectLABOR MARKET
dc.subjectLABOR MARKETS
dc.subjectLACK OF COMPETITION
dc.subjectLEGAL IMPEDIMENTS
dc.subjectLIQUID INSTRUMENTS
dc.subjectLIQUIDITY
dc.subjectLOCAL CURRENCY
dc.subjectLONG-TERM INVESTMENTS
dc.subjectM3
dc.subjectMACROECONOMIC POLICIES
dc.subjectMARGINAL COSTS
dc.subjectMARKET FAILURE
dc.subjectMARKET FAILURES
dc.subjectMARKET MECHANISMS
dc.subjectMARKET SHARE
dc.subjectMARKET SHARES
dc.subjectMATURITIES
dc.subjectMATURITY
dc.subjectMONETARY FUND
dc.subjectMONETARY STABILITY
dc.subjectMONEY SUPPLY
dc.subjectMONOPOLIES
dc.subjectOIL PRICES
dc.subjectOPPORTUNITY COST
dc.subjectOPTIMIZATION
dc.subjectOUTPUT LOSSES
dc.subjectPENSION
dc.subjectPENSION REFORMS
dc.subjectPENSION SYSTEM
dc.subjectPER CAPITA INCOME
dc.subjectPORTFOLIO
dc.subjectPORTFOLIO PERFORMANCE
dc.subjectPOST-WAR RECONSTRUCTION
dc.subjectPRICE LEVELS
dc.subjectPRICE SUBSIDIES
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE INVESTMENTS
dc.subjectPRIVATE INVESTORS
dc.subjectPRODUCTION COSTS
dc.subjectPRODUCTIVE INVESTMENTS
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPROPERTY RIGHTS
dc.subjectPROTECTION OF INVESTORS
dc.subjectPUBLIC ASSETS
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC DEBT MANAGEMENT
dc.subjectPUBLIC FINANCE
dc.subjectPURCHASING POWER
dc.subjectREAL ESTATE COLLATERALS
dc.subjectREAL ESTATE INVESTMENTS
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL EXCHANGE RATES
dc.subjectREAL GDP
dc.subjectREAL INTEREST
dc.subjectREAL INTEREST RATES
dc.subjectREMITTANCES
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectSAVINGS
dc.subjectSAVINGS RATE
dc.subjectSOFT LOANS
dc.subjectSOVEREIGN RATING
dc.subjectSOVEREIGN RATINGS
dc.subjectSOVEREIGN RISK
dc.subjectSTRUCTURAL CHANGE
dc.subjectSUPPLY OF CREDIT
dc.subjectTAX
dc.subjectTAX POLICIES
dc.subjectTAXATION
dc.subjectTELECOMMUNICATIONS
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTRADE BALANCE
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADING
dc.subjectTRADING COSTS
dc.subjectTREASURY
dc.subjectTREASURY BILLS
dc.subjectUNDERESTIMATES
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATE
dc.subjectUTILITY FUNCTION
dc.subjectVALUE ADDED
dc.subjectWAGES
dc.titleExploring Lebanon's Growth Prospectsen
dspace.entity.typePublication
okr.date.disclosure2012-06-05
okr.date.doiregistration2025-05-07T11:35:14.848379Z
okr.doctypeEconomic & Sector Work::Policy Note
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2006/06/16332766/lebanon-exploring-lebanons-growth-prospects
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid972871468263666588
okr.identifier.externaldocumentum000427087_20120605111143
okr.identifier.internaldocumentum16332766
okr.identifier.report69477
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/06/05/000427087_20120605111143/Rendered/PDF/694770ESW0P0950owth0policy0note01.4.pdfen
okr.region.administrativeMiddle East and North Africa
okr.region.countryLebanon
okr.sectorPublic Administration, Law, and Justice :: General public administration sector
okr.themeEconomic management :: Analysis of economic growth
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicEconomic Theory and Research
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Currencies and Exchange Rates
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicMacroeconomics and Economic Growth
okr.unitPoverty Reduct & Econ. Mgmt Dept (MNSPR)
okr.volume1 of 1
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