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The Lebanon crisis from international political economy perspective

Author

Listed:
  • Harun Abubakar Siddique

    (Ankara Haci Bayram Veli University, Department of International Relations, Ankara, Turkey)

Abstract

For the past four decades now, Lebanon has experienced several upheavals in its political and economic dispensation which has had significant adverse effects on the lives of people. Currently, the World Bank mentions that it is facing a much worst situation since the end of its Civil war. The issue of the Lebanon crisis has caught the eyes of international political actors because of its dire consequences and momentum. This crisis is a consequence of the years of mismanagement of the state's economy, political differences, sectarian challenges etc. The life of the people living in Lebanon is a testament to the impact of this crisis. Due to its historic precedence, Lebanon has been entangled with diverse state actors as well as non-state actors such as Iran, Saudi Arabia, Hezbollah. The paper, through an international political economy—IPE being the interaction between politics and economy in the international space—looks at how the crisis is affecting and being affected. This kind of inquiry is significant because the crisis is mostly looked at from domestic and internal causes. The paper makes plain the bidirectional relationship between IPE and the crisis, that is, the effect of the crisis on IPE and the effect of IPE on the crisis.

Suggested Citation

  • Harun Abubakar Siddique, "undated". "The Lebanon crisis from international political economy perspective," Review of Socio - Economic Perspectives 202202, Reviewsep.
  • Handle: RePEc:aly:journl:202202
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    References listed on IDEAS

    as
    1. Lydia Assouad, 2019. "Rethinking the Lebanese economic miracle: The extreme concentration of income and wealth in Lebanon," PSE Working Papers halshs-02160275, HAL.
    2. Lydia Assouad, 2021. "Rethinking the Lebanese Economic Miracle: The Extreme Concentration of Income and Wealth in Lebanon, 2005-2014," Working Papers halshs-02795688, HAL.
    3. Lydia Assouad, 2019. "Rethinking the Lebanese economic miracle: The extreme concentration of income and wealth in Lebanon," Working Papers halshs-02160275, HAL.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Tareck Alsamara & Hussein Ali Dbouk & Ghazi Farouk, 2022. "The Impact of the Devaluation Management of the National Currency Against the US Dollar on the Rights of Contractors in Lebanese Law," International Journal of Service Science, Management, Engineering, and Technology (IJSSMET), IGI Global, vol. 13(1), pages 1-10, January.

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    More about this item

    Keywords

    : crisis; Lebanon; politics; economy & GCC;
    All these keywords.

    JEL classification:

    • F5 - International Economics - - International Relations, National Security, and International Political Economy
    • F2 - International Economics - - International Factor Movements and International Business

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