Publication: Lebanon Public Finance Review: Ponzi Finance?
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Date
2022-07
ISSN
Published
2022-07
Author(s)
World Bank
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.
Citation
“World Bank. 2022. Lebanon Public Finance Review; Liban - Examen des Finances Publiques : Ponzi Finance?; Une Structure de Ponzi?. © Washington, DC. http://openknowledge.worldbank.org/handle/10986/37824 License: CC BY 3.0 IGO.”