From the Editors
The New York Times says Jadaliyya "Brings New Life to Arab Studies." Read about it by clicking here.
[The following policy brief was issued by the Lebanese Center for Policy Studies on 1 November 2012.]
Political Instability Costs Lebanon 5% of Its GDP
In the last six years, Lebanon has experienced both war and political instability, including assassinations, bombings, sit-ins, demonstrations, government resignation, and armed clashes.
This paper examines the impact of political instability on the economy between 2005 and 2010. The research reveals that the assassination of Hariri in 2005 and the July 2006 war both had a negative impact on most economic sectors. However, during other periods of instability, there is no evidence to suggest that the various economic sectors such as construction, bank deposits, and tourism were affected.
Despite the seemingly resilient economic sectors, the paper demonstrates that the macroeconomic cost of political instability is substantial as it amounts to a decline of 5% of GDP per capita. Most importantly, in the same way that political instability brings economic losses, political stability is accompanied by substantial economic gains. This advantage is illustrated by the improvement of the GDP per capita by 6% after the 2008 Doha agreement.
[Click here to download the full report.]
If you prefer, email your comments to email@example.com.
Hot on Facebook
Jadalicious / جدلشس
"Vestiges of the despot’s suffocating grip on free speech still remain, and are still being used to suppress political expression... In cases where someone criticizes public officials or state institutions, the recommended punishment can be the death penalty."click | email | tweet
Latest EntriesView All Entries »
- Jadaliyya Monthly Edition (September 2015)
- مدن الحداثة
- Palestine Media Roundup (September 23– 30)
- The Palestine Exception to Free Speech: A Movement Under Attack in the US
- خمسة أسئلة عن التنوع البيبليوغرافي
- DARS Media Roundup (September 2015)
- LCPS Interviews Jadaliyya Co-Editor Ziad Abu-Rish on Electricity in Early Independence Lebanon
- NPR's 'Here and Now' Interviews Jadaliyya Co-Editor Rosie Bsheer About Redevelopment in Mecca
- Cities Media Roundup (September 2015)
- Maghreb Media Roundup (September 30)
- Exploring an Agenda for Active Citizenship: Selected Conference Presentations from STATUS/الوضع
- مهرجان واشنطن العاصمة للسينما والفنون الفلسطينية في دورته الخامسة
- New Texts Out Now: ABE Journal: Architecture Beyond Europe
- Arabian Peninsula Media Roundup (September 29)
- What Do We Talk About When We Talk About Political Economy?
- The Arab Center for Architecture (ACA): Interview with George Arbid
- The Ongoing, Steady Gains of Morocco's Islamist Party
- Last Week on Jadaliyya (September 21-27)
- Roznama 4: A Competition for Upcoming Egyptian Artists
- Reimagining the University in a Time of Crisis – Every Campus a Refuge Campaign