The Lebanon Economic Monitor (LEM) provides an update on key economic developments and policies over a six months period. It also presents findings from recent World Bank work on Lebanon. It places them in a longer-term and global context, and assesses the implications of these developments and other changes in policy for the outlook for the country. Scroll down to read the most recent issue as well as all past issues in the series.
The Lebanon financial and economic crisis is likely to rank in the top 10, possibly top three, most severe crises episodes globally since the mid-nineteenth century.
This is a conclusion of the Spring 2021 Lebanon Economic Monitor (LEM) in which the Lebanon crisis is contrasted with the most severe global crises episodes as observed by Reinhart and Rogoff (2014) over the 1857–2013 period.
Last Updated: May 31, 2021