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The role of financial institutions in the sustainable development of Lebanon

Author

Listed:
  • Toufic Mezher

    (American University of Beirut, Lebanon)

  • Dima Jamali

    (American University of Beirut, Lebanon)

  • Carine Zreik

    (American University of Beirut, Lebanon)

Abstract

After years of war, Lebanon is witnessing an era of reconstruction and development. Worldwide experience has proven, however, that development cannot and should not be accomplished at the expense of the environment and natural resources. Thus, guiding Lebanon towards a sustainable development path is a must. Lebanese financial institutions, which are a major player in the market, have the potential to accelerate the sustainable development of the country. This paper investigates the actual role played by Lebanese financial institutions in the quest for sustainable development and offers practical recommendations that should help this sector improve its performance regarding sustainability issues. Copyright © 2002 John Wiley & Sons, Ltd. and ERP Environment.

Suggested Citation

  • Toufic Mezher & Dima Jamali & Carine Zreik, 2002. "The role of financial institutions in the sustainable development of Lebanon," Sustainable Development, John Wiley & Sons, Ltd., vol. 10(2), pages 69-78.
    • Handle: RePEc:wly:sustdv:v:10:y:2002:i:2:p:69-78
    DOI: 10.1002/sd.183
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    Cited by:

    1. Saidatou Dicko, 2016. "The Impact of Political Connections on the Performance and Solvency of Canadian Financial Institutions," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 8(11), pages 1-1, November.
    2. Fatema Khairunnessa & Diego A. Vazquez-Brust & Natalia Yakovleva, 2021. "A Review of the Recent Developments of Green Banking in Bangladesh," Sustainability, MDPI, vol. 13(4), pages 1-21, February.
    3. Peterson K. Ozili, 2021. "Circular Economy, Banks, and Other Financial Institutions: What’s in It for Them?," Circular Economy and Sustainability,, Springer.
    4. Ozili, Peterson K, 2021. "Circular economy, banks and other financial institutions: what’s in it for them?," MPRA Paper 107397, University Library of Munich, Germany.
    5. Muel Kaptein & Mark Schwartz, 2008. "The Effectiveness of Business Codes: A Critical Examination of Existing Studies and the Development of an Integrated Research Model," Journal of Business Ethics, Springer, vol. 77(2), pages 111-127, January.
    6. Leticia Inácio & Ivete Delai, 2022. "Sustainable banking: a systematic review of concepts and measurements," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(1), pages 1-39, January.
    7. Saidatou Dicko, 2016. "The Impact of Political Connections on the Performance and Solvency of Canadian Financial Institutions," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 8(11), pages 1-11, November.
    8. Klein, Florian, 2015. "Identifikation potenzieller Nachhaltigkeitsindikatoren von Genossenschaftsbanken: Eine Literaturstudie," Arbeitspapiere 148, University of Münster, Institute for Cooperatives.

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