Recession without impact: why Lebanese elites delay reform - Economic Research Forum (ERF)

Recession without impact: why Lebanese elites delay reform

Recession without impact: why Lebanese elites delay reform

by Mounir Mahmalat and Sami Atallah  

The survival of Lebanon’s political elites is highly dependent on the wellbeing of the economy. Why then do they delay necessary reform to avoid crisis? This column examines the role of politically connected firms in delaying much-needed economic stabilisation policies … more