Lebanon’s central bank is “a stable point in a country in convulsion”

Leading French economist Nicolas Bouzou, director of the economic research company Asterès, wrote in today’s Les Echos about what the West can learn Lebanon’s current economic situation.  According to Bouzou, we can look at the deterioration in Lebanon to understand what can happen when a country accumulates decades of non-existing or failing public policies. Bouzou also singles out…

Lebanon’s Central Bank Governor under political attack

The international community might initially have been relieved that Lebanon finally has a government, after over 100 days of protest and a time of great economic turmoil for the country. There is indeed a government led by Sunni technocrat Hassan Diab, which is a coalition of Hezbollah, Amal and the Free Patriotic Movement (FPM). However,…