Lebanon: Selected Issues

July 31, 2014

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Format: Chicago

Lebanon: Selected Issues, (USA: International Monetary Fund, 2014) accessed November 21, 2024

Summary

This Selected Issues paper analyzes the various transmission channels of the Syrian crisis—though quantification is hampered by the lack of reliable data—with focus on the impact on fiscal performance and labor markets; it also takes stock of international donor efforts to date. The paper also provides overviews of main effects on Lebanon’s economy, the expenditure pressures associated with the refugee presence, the impact on poverty and inequality, and the added strains on labor markets. A section of the paper describes the response by the international community to help Lebanon cope with the Syrian crisis. Absent additional international support, the needs of both refugees and affected Lebanese communities will not be met. Sound government policies—including implementation of a concerted policy framework to deal with refugee issues and a commitment to fiscal discipline—will send credible signals to donors and help mobilize budget support. Tackling the unprecedented refugee crisis requires strong international support. There has been a large international humanitarian response, but much more is needed.

Subject: Financial markets, Fiscal governance, Fiscal policy, Fiscal stance, Labor, Labor markets, Stock markets

Keywords: Asia and Pacific, CR, Europe, Fiscal governance, Fiscal stance, Global, Influx scenario, ISCR, Labor markets, Lebanon, Middle East, Natural resources, Refugee, Refugee crisis, Refugee influx, Resource revenue, Revenue, Stock exchange, Stock market, Stock markets

Publication Details

Pages:

49
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/238
Stock No:

1LBNEA2014002
ISBN:

9781498351898
ISSN:

1934-7685

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