Working Papers

From Rentier to Digital Capitalism in Lebanon: Effects, Prospects, and Policies

No.

1485

Publisher

ERF

Date

September, 2021

Topic

O2. Development Planning and Policy

O3. Technological Change, Research and Development, Intellectual Property Rights

O1. Economic Development

In this paper, we will investigate the role of the new digital technologies in the Lebanese economy. The following section will present an overview of the economy, especially the post-war business cycle and the rise of a low productivity economy. Section three delineates the different aspects of the new technologies in Lebanon, including the current state of start-ups, Fintech, e-government, and e-commerce. Section four presents labor market effects. Section five investigates the potential effects on inequality, including gender inequality. Section six presents prospects and policy recommendations.   Acknowledgement: This paper is part of a series of papers produced within a partnership between the ERF, the United Nations Development Programme (UNDP) and the Arab Development Portal on a regional research initiative to investigate Digitalization Transformation and Implications for Growth, Employment, Poverty and Inequality in the Arab Region “How can the benefits of a digital economy trickle down?”.
From Rentier to Digital Capitalism in Lebanon: Effects, Prospects, and Policies

Authors

Ghassan Dibeh

Professor of Economics and the Chair, Department...