Lebanon : Economic and Social Impact Assessment from Recovery to Sustainable Growth
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World Bank, Washington, DC
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The Government of Lebanon current reform
agenda includes a number of proposals to expand reform
efforts, as well as to introduce effective and efficient
sector policies and expenditure programs. The draft program
also includes key proposals to improve Lebanon's
business environment. This program needs to be agreed,
articulated and supported by adequate resources. The speed
and strength of this process are critical for avoiding a
severe deterioration in public finances and returning the
Lebanese economy to a path of growth. This report sets out
an overall framework starting, in Section I, with a
discussion of the prevailing macro/fiscal challenges and the
complexities added to it by the hostilities. Section II
presents the elements of a reform program to promote
recovery and sustainable growth. Section III discusses the
role of donors in providing financial and technical
assistance in support of the Government's program.
Section IV reiterates the importance of building consensus
around the reform agenda. The report is based on detailed
technical analysis of economic, social and infrastructure
sectors in terms of the impact of the hostilities and
priorities for reform over the next several years.
Palabras clave
ACCOUNTABILITY, AGRICULTURE, AUDITING, BANK DEPOSITS, BANKRUPTCY, BANKRUPTCY PROCEDURES, BANKS, BANQUE DU LIBAN, BARRIERS TO ENTRY, BASIC EDUCATION, BENEFICIARY, BLOCK GRANTS, CAPITAL BUDGETING, CASH MANAGEMENT, CASH TRANSFERS, CENTRAL BANK, CIVIL SERVICE, COMMERCIAL BANKS, COMPETITION POLICY, CONDITIONAL CASH, CONFLICT, CONSOLIDATION, DEBT MANAGEMENT, DEBT RESTRUCTURING, DEBT SERVICE, DEBT SERVICING, DEPOSITS, DEVELOPMENT AGENCIES, DONOR AGENCIES, DONOR GRANT, DONOR SUPPORT, ECONOMIC ANALYSIS, ECONOMIC DOWNTURN, ECONOMIC PERFORMANCE, EDUCATION SUBSIDIES, ELECTRICITY, EMPLOYMENT, FAMILY SUPPORT, FINANCIAL MANAGEMENT, FINANCIAL SECTOR, FISCAL BALANCE, FISCAL POLICIES, FISCAL REFORMS, FORMAL EMPLOYMENT, GDP, GOVERNMENT EXPENDITURES, GOVERNMENT SPENDING, GROSS DOMESTIC PRODUCT, GROWTH RATE, HEALTH CARE SERVICES, HEALTH SPENDING, HEALTH SYSTEM, HOUSING, HUMAN DEVELOPMENT, INCOME, INFLATION, INSTITUTIONAL CAPACITY, INSURANCE, INTEREST RATES, INTERNATIONAL DONORS, LABOR MARKETS, LABOR UNIONS, LAWS, LOSS OF LIVELIHOODS, MATURITIES, MATURITY, MIDDLE EAST, MONOPOLY, MUNICIPAL, MUNICIPAL ADMINISTRATION, MUNICIPAL INFRASTRUCTURE, MUNICIPALITIES, NORTH AFRICA, ORGANIZATIONAL STRUCTURE, PENSION, PENSIONS, POOR, PORTS, PRICE DISTORTIONS, PRIVATE SECTOR, PRIVATIZATION, PRODUCTIVITY, PROPERTY RIGHTS, PUBLIC, PUBLIC DEBT, PUBLIC FINANCE, PUBLIC HEALTH SYSTEM, PUBLIC INFRASTRUCTURE, PUBLIC PENSION, PUBLIC RESOURCES, PUBLIC REVENUES, PUBLIC SECTOR, PUBLIC SERVICES, PUBLIC SPENDING, REAL GDP, RECOVERY PROGRAM, REFORM PROGRAM, REGULATORY FRAMEWORK, REVENUE COLLECTION, RISK MANAGEMENT, RISK MITIGATION, SHOCK, SKILLED WORKERS, SOCIAL ACTION, SOCIAL INSURANCE, SOCIAL INSURANCE PROGRAMS, SOCIAL POLICY, SOCIAL SAFETY NETS, SOCIAL SECURITY, SOCIAL SERVICES, SOCIAL SPENDING, STATE ASSETS, STRUCTURAL REFORMS, SUPPORT NETWORKS, SUSTAINABLE GROWTH, TARGETING, TAX, TAX COMPLIANCE, TAXATION, TECHNICAL ASSISTANCE, TELECOMMUNICATIONS, TRANSPORT, UNEMPLOYMENT, UNEMPLOYMENT INSURANCE, URBAN PLANNING, VULNERABLE POPULATIONS, WAR, WASTE DISPOSAL, WATER SUPPLY, WORKING CAPITAL, WORLD TRADE ORGANIZATION, WTO