IDEAS home Printed from https://ideas.repec.org/p/unu/wpaper/rp2005-44.html
   My bibliography  Save this paper

The Political Economy of Postwar Reconstruction in Lebanon

Author

Listed:
  • Ghassan Dibeh

Abstract

This paper studies the postwar economic and political reconstruction in Lebanon. The paper shows that the 'reconstruction boom' was short-lived. The economy experienced a growth trap early in the reconstruction period, and entered a cyclical crisis in 1998 which resulted from an ill-designed fiscal-monetary policy mix.

Suggested Citation

  • Ghassan Dibeh, 2005. "The Political Economy of Postwar Reconstruction in Lebanon," WIDER Working Paper Series RP2005-44, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:rp2005-44
    as

    Download full text from publisher

    File URL: https://www.wider.unu.edu/sites/default/files/rp2005-44.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Vally Koubi, 2005. "War and Economic Performance," Journal of Peace Research, Peace Research Institute Oslo, vol. 42(1), pages 67-82, January.
    2. Marina Ottaway, 2002. "Rebuilding State Institutions in Collapsed States," Development and Change, International Institute of Social Studies, vol. 33(5), pages 1001-1023, November.
    3. Tony Addison, 2001. "From Conflict to Reconstruction," WIDER Working Paper Series DP2001-16, World Institute for Development Economic Research (UNU-WIDER).
    4. Carlin, Wendy, 1994. "West German Growth and Institutions, 1945-90," CEPR Discussion Papers 896, C.E.P.R. Discussion Papers.
    5. Caroline A. Hartzell, 1999. "Explaining the Stability of Negotiated Settlements to Intrastate Wars," Journal of Conflict Resolution, Peace Science Society (International), vol. 43(1), pages 3-22, February.
    6. repec:cto:journl:v:21:y:2002:i:3:p:427-442 is not listed on IDEAS
    7. Jesmond Blumenfeld, 1997. "From Icon to Scapegoat: The Experience of South Africa’s Reconstruction and Development Programme," Development Policy Review, Overseas Development Institute, vol. 15(1), pages 65-91, March.
    8. Dorothy Power & Gerald Epstein, 2003. "Rentier Incomes and Financial Crises: An Empirical Examination of Trends and Cycles in Some OECD Countries," Working Papers wp57, Political Economy Research Institute, University of Massachusetts at Amherst.
    9. Mr. Thomas Helbling & Ms. Sena Eken, 1999. "Back to the Future: Postwar Reconstruction and Stabilization in Lebanon," IMF Occasional Papers 1999/005, International Monetary Fund.
    10. Tony Addison & Mansoob Murshed, 2001. "From Conflict to Reconstruction: Reviving the Social Contract," WIDER Working Paper Series DP2001-48, World Institute for Development Economic Research (UNU-WIDER).
    11. Tyler Cowen & Christopher Coyne, 2005. "Postwar Reconstruction: Some Insights from Public Choice and Institutional Economics," Constitutional Political Economy, Springer, vol. 16(1), pages 31-48, January.
    12. Tony Addison & Léonce Ndikumana, 2001. "Overcoming the Fiscal Crisis of the African State," WIDER Working Paper Series DP2001-12, World Institute for Development Economic Research (UNU-WIDER).
    13. J. Bradford DeLong & Lawrence H. Summers, 1992. "Equipment Investment and Economic Growth: How Strong Is the Nexus?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 23(2), pages 157-212.
    14. Bolbol, Ali A., 1999. "Seigniorage, Dollarization and Public Debt: The Lebanese Civil War and Recovery Experience, 1982-97," World Development, Elsevier, vol. 27(10), pages 1861-1873, October.
    15. Gerald Epstein, 2005. "Central Banks as Agents of Economic Development," Working Papers wp104, Political Economy Research Institute, University of Massachusetts at Amherst.
    16. Dan Ben-David & David H. Papell, 1998. "Slowdowns And Meltdowns: Postwar Growth Evidence From 74 Countries," The Review of Economics and Statistics, MIT Press, vol. 80(4), pages 561-571, November.
    17. Tony Addison & Mansoob Murshed, 2001. "The Fiscal Dimensions of Conflict and Reconstruction," WIDER Working Paper Series DP2001-49, World Institute for Development Economic Research (UNU-WIDER).
    18. Addison, Tony (ed.), 2003. "From Conflict to Recovery in Africa," OUP Catalogue, Oxford University Press, number 9780199261031.
    19. Frances Stewart, "undated". "Horizontal Inequalities: A Neglected Dimension of Development," QEH Working Papers qehwps81, Queen Elizabeth House, University of Oxford.
    20. Ishi, Hiromitsu, 1999. "The role of government in the postwar growth process of Japan," Journal of Asian Economics, Elsevier, vol. 10(1), pages 65-90.
    21. Leonard Wantchekon, 2000. "Credible Power-Sharing Agreements: Theory with Evidence from South Africa and Lebanon," Constitutional Political Economy, Springer, vol. 11(4), pages 339-352, December.
    22. Ms. Rina Bhattacharya, 2003. "Exchange Rate Regime Considerations for Jordan and Lebanon," IMF Working Papers 2003/137, International Monetary Fund.
    23. Léonce Ndikumana, 2001. "Fiscal Policy, Conflict, and Reconstruction in Burundi and Rwanda," WIDER Working Paper Series DP2001-62, World Institute for Development Economic Research (UNU-WIDER).
    24. Tony Addison & Alemayehu Geda & Philippe Le Billon & Mansoob Murshed, 2001. "Financial Reconstruction in Conflict and 'Post-Conflict' Economies," WIDER Working Paper Series DP2001-90, World Institute for Development Economic Research (UNU-WIDER).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jad Chaaban, 2016. "I’ve Got the Power: Mapping Connections between Lebanon’s Banking Sector and the Ruling Class," Working Papers 1059, Economic Research Forum, revised 10 2016.
    2. Nisreen Salti & Jad Chaaban, 2012. "The political economy of attracting public funds: the case of Lebanon," International Journal of Development and Conflict, Gokhale Institute of Politics and Economics, vol. 2(1), pages 1250001-125.
    3. Sharp, Deen, 2020. "Urban violence in war and peace: Lebanon's reconstruction," LSE Research Online Documents on Economics 105866, London School of Economics and Political Science, LSE Library.
    4. Marieke Krijnen & David Bassens & Michiel van Meeteren, 2017. "Manning circuits of value: Lebanese professionals and expatriate world-city formation in Beirut," Environment and Planning A, , vol. 49(12), pages 2878-2896, December.
    5. Ghassan Dibeh, 2008. "Resources and the Political Economy of State Fragility in Conflict States: Iraq and Somalia," WIDER Working Paper Series RP2008-35, World Institute for Development Economic Research (UNU-WIDER).
    6. Sami Atallah & Ilina Srour, 2014. "The Emergence of Highly Sophisticated Lebanese Exports in the Absence of an Industrial Policy," Working Papers 876, Economic Research Forum, revised Nov 2014.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. van den Boogaard, Vanessa & Prichard, Wilson & Milicic, Nikola & Benson, Matthew, 2016. "Tax Revenue Mobilization in Conflict-Affected Developing Countries," Working Papers 13551, Institute of Development Studies, International Centre for Tax and Development.
    2. Tony Addison, 2005. "Post-Conflict Recovery: Does the Global Economy Work for Peace?," WIDER Working Paper Series DP2005-05, World Institute for Development Economic Research (UNU-WIDER).
    3. Ghassan Dibeh, 2008. "The business cycle in postwar Lebanon," Journal of International Development, John Wiley & Sons, Ltd., vol. 20(2), pages 145-160.
    4. David M. Malone & Heiko Nitzschke, 2005. "Economic Agendas in Civil Wars: What We Know, What We Need to Know," WIDER Working Paper Series DP2005-07, World Institute for Development Economic Research (UNU-WIDER).
    5. Sumon Kumar Bhaumik & Ira N Gang & Myeong-Su Yun, 2009. "Rationality as a Barrier to Peace: Micro-evidence from Kosovo," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 51(2), pages 242-264, June.
    6. Tilman Br�ck, 2004. "The Welfare Effects of Farm Household Activity Choices in Post-War Mozambique," HiCN Working Papers 04, Households in Conflict Network.
    7. Patricia Justino & Ivan Cardona & Rebecca Mitchell & Catherine M�ller, 2012. "Quantifying the Impact of Women�s Participation in Post-Conflict Economic Recovery," HiCN Working Papers 131, Households in Conflict Network.
    8. Mansoob Murshed & Scott Gates, 2004. "Spatial Horizontal Inequality and the Maoist Insurgency in Nepal," WIDER Working Paper Series RP2004-43, World Institute for Development Economic Research (UNU-WIDER).
    9. Elbadawi, Ibrahim A. & Kaltani, Linda & Schmidt-Hebbel, Klaus, 2007. "Post-conflict aid, real exchange rate adjustment, and catch-up growth," Policy Research Working Paper Series 4187, The World Bank.
    10. Tony Addison & Aminur Rahman, 2001. "Why is so Little Spent on Educating the Poor?," WIDER Working Paper Series DP2001-29, World Institute for Development Economic Research (UNU-WIDER).
    11. Tony Addison & George Mavrotas & Mark McGillivray, 2005. "Development assistance and development finance: evidence and global policy agendas," Journal of International Development, John Wiley & Sons, Ltd., vol. 17(6), pages 819-836.
    12. Tony Addison & Léonce Ndikumana, 2001. "Overcoming the Fiscal Crisis of the African State," WIDER Working Paper Series DP2001-12, World Institute for Development Economic Research (UNU-WIDER).
    13. Janine Aron, 2003. "Building institutions in post-conflict African economies," Journal of International Development, John Wiley & Sons, Ltd., vol. 15(4), pages 471-485.
    14. Vanessa van den Boogaard & Wilson Prichard & Nikola Milicic & Matthew Benson, 2016. "Tax revenue mobilization in conflict-affected developing countries," WIDER Working Paper Series 155, World Institute for Development Economic Research (UNU-WIDER).
    15. Syed Mansoob Murshed & Mohammad Zulfan Tadjoeddin, 2009. "Revisiting the greed and grievance explanations for violent internal conflict," Journal of International Development, John Wiley & Sons, Ltd., vol. 21(1), pages 87-111.
    16. Tony Addison, 2004. "Development Policy: An Introduction for Students," WIDER Working Paper Series DP2004-09, World Institute for Development Economic Research (UNU-WIDER).
    17. Ke-Young Chu, 2004. "Group-Oriented Values, Rules and Cooperation," WIDER Working Paper Series RP2004-66, World Institute for Development Economic Research (UNU-WIDER).
    18. Jose Cuesta & Syed Mansoob Murshed, 2012. "On the micro-foundations of contract versus conflict with implications for international peace-making," International Journal of Development and Conflict, Gokhale Institute of Politics and Economics, vol. 2(2), pages 1250009-125.
    19. van den Boogaard, Vanessa & Prichard, Wilson & Benson, Matthew S. & Milicic, Nikola, 2018. "Tax Revenue Mobilization in Conflict†affected Developing Countries," Working Papers 13659, Institute of Development Studies, International Centre for Tax and Development.
    20. Prathivadi Bhayankaram Anand, 2005. "Getting Infrastructure Priorities Right in Post-Conflict Reconstruction," WIDER Working Paper Series RP2005-42, World Institute for Development Economic Research (UNU-WIDER).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:unu:wpaper:rp2005-44. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Siméon Rapin (email available below). General contact details of provider: https://edirc.repec.org/data/widerfi.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.