While the formation of a new government in February 2014 represented a positive political development, security situation remained volatile with the spillover effect of the Syrian conflict.
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January 13, 2015 — The World Bank’s Global Economic Prospects forecasts a slight improvement in economic growth in Lebanon from 1.5 in 2014 to 2.0 in 2015, which is well below the country’s potential. Lebanon remains constrained by the spillovers of the Syrian conflict and local tensions. The forecast points to potential gradual rise in the growth rates to 3.6 in 2017.Read More »
December 23, 2014 — Youth unemployment in Lebanon is at 34%, & it often takes university graduates a year to find a job. This new project aims to develop a local “ internet ecosystem’ to help Lebanese talent remain in the country.Read More »
December 18, 2014 — A new World Bank study titled Economic Effects of the Syrian War and the Spread of the Islamic State highlights the pressures on Lebanon and shows that its per capita income losses were the most pronounced out of Syrian refugee-hosting countries. More than 1.5 million Syrian refugees are in Lebanon. Read More »
December 2, 2014 — A new report says that the private sector did not create enough jobs to absorb the expanding labor force into the formal economy. This has led to high unemployment, especially among young people and women, and to a large informal economy.Read More »
Project aims to improve quality and access to water in an area where over half of the Lebanese population lives, works, and endures the dramatic winter floods, polluted sea waters, and either poor quality or highly expensive water.Read More »
This issue assesses the macroeconomic performance of seven of the MENA countries including Lebanon. All of these countries experienced rapid economic growth during 2000-10, and suffered a sharp economic slowdown in the aftermath of 2011. The brief focuses on the challenges facing these countries and at the consequences of the growth slowdown.Read More »