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 firstname.lastname@example.org.
SUBSCRIBE TO ARAB STUDIES JOURNAL
Hot on Facebook
Jadalicious / جدلشس
"While BDS feeds off of and evolves with external support, it must drive from Palestinian activism itself, from a Palestinian constituency... Advancing BDS with political consciousness and a moral compass is a struggle in need of regular evaluation and constructive criticism."click | email | tweet
Latest EntriesView All Entries »
- New Texts Out Now: Marwan M. Kraidy, The Naked Blogger of Cairo: Creative Insurgency in the Arab World
- Syria Media Roundup (February 28)
- Media on Media Roundup (February 28)
- Yemen's War [Ongoing Post]
- Arabian Peninsula Media Roundup (February 28)
- حركة المقاطعة: مقابلة لبرنامج الوضع مع عمر برغوثي
- فهد سوريا - الجزء الثاني
- Egypt Media Roundup (February 27)
- Ussama Makdisi on The Invention of Sectarianism in the Modern Middle East
- Last Week on Jadaliyya (February 20-26)
- الترجمة في سياق المقاومة العامة للخراب: مقابلة لمجلة الوضع مع ثائر ديب
- فهد سوريا - الجزء الأول
- مختارات من الصحافة العربية 26 فبراير
- The Precarity of Youth: Entrepreneurship is not the Solution
- Palestine Media Roundup (February 24)
- الغرب والسوريون: مبيعات الأسلحة الأمريكية والأوروبية للشرق الأوسط 2011- 2014
- Vote Yes on MESA Bylaw Amendment: Roundtable by Elyse Semerdjian, John Chalcraft, and Asli Bali
- Media on Media Roundup (February 21)
- Arabian Peninsula Media Roundup (February 21)