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Political chaos undermines Lebanon's economic future.

Publication: Market Africa Mid-East
Publication Date: 01-AUG-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
The news out of Lebanon--both economically and politically--is grim. Much of the commentary has to do with the convoluted internal power struggle tinged with the assertion of influence by Lebanon's neighbors as well as the interests of various global elements.

Lebanon still bears the weight of its long (1975 to 1990) and economically devastating civil war. During the last years of the war, from 1988 through 1990, the Lebanese economy contracted minus 83.8 percent according to International...

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