IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/116138.html
   My bibliography  Save this paper

Lebanon’s misguided government subsidies are quickly eating up its foreign reserves

Author

Listed:
  • Dagher, Leila
  • nehme, raoul

Abstract

Before eliminating the current subsidy program, the Government of Lebanon should introduce an Unconditional Cash Transfer (UCT) program as a compensation to its heavily-impacted citizens. UCTs have proven to be more efficient and cheaper than subsidizing goods or even distributing in-kind donations such as food boxes, and have lower overhead compared to Conditional Cash Transfer programs. While the richer families benefit more from the current subsidy scheme, UCT better targets the poor and more vulnerable families and limits any abuse or misuse of public funds. More importantly, UCT will put an end or at the very least drastically reduce across the border smuggling since prices of fuel and other items will rise to reflect market prices.

Suggested Citation

  • Dagher, Leila & nehme, raoul, 2021. "Lebanon’s misguided government subsidies are quickly eating up its foreign reserves," MPRA Paper 116138, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:116138
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/116138/1/MPRA_paper_116138.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    Citations

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


    Cited by:

    1. Dagher, Leila & abboud, ali & sidani, ola, 2023. "Coping with Concurrent Crises in Lebanon: For an Inclusive National Social Registry to Protect the Vulnerable," MPRA Paper 116568, University Library of Munich, Germany.
    2. Dagher, Leila & Jamali, Ibrahim & Abi Younes, Oussama, 2023. "Extreme energy poverty: The aftermath of Lebanon’s economic collapse," Energy Policy, Elsevier, vol. 183(C).
    3. Dagher, Leila & abboud, ali & sidani, ola & Abi Younes, Oussama, 2022. "For Inclusive and Fair Covid-19 Socio-Economic Recovery Measures in Lebanon: Synthesis Report," MPRA Paper 116132, University Library of Munich, Germany.

    More about this item

    Keywords

    lebanon; subsidies; cash transfers;
    All these keywords.

    JEL classification:

    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty

    Statistics

    Access and download statistics

    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:pra:mprapa:116138. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.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.