For once, Lebanon stands as a model of how things should be done. BBC writes about how Lebanon’s banks have survived the global financial crisis and have even thrived while other banks all over the world have suffered.
What banks in Lebanon have done right, says the article, is that they have refrained from investing in [...]
Archive for the ‘Economics’ Category
Lebanese banks score points
Posted in Economics, tagged Banking, Lebanon, Middle East on December 6, 2008 | Leave a Comment »
Time for a GCC Marshal plan!
Posted in Economics, tagged GCC, MENA, Middle East, Reform, Saudi Arabia on July 6, 2008 | Leave a Comment »
The GCC states have enjoyed record oil prices for several years now. The average price of oil thus far in 2008 is over five times what it was just five years ago. As a result, the GCC states have been raking in untold revenues from their massive oil wealth. Even as they increase their spending, [...]
Will Lebanon ever become a good place to do business?
Posted in Economics, tagged Reform on September 30, 2007 | 1 Comment »
Why is the government not doing anything in the way of reform? All we have heard is about Paris III and how they are being blocked from going ahead with those reforms. But we have not seen anything concrete being done by the current government with the laughable exception of DSL! Are we really to [...]
Daily Star on taxes.. heavy burden
Posted in Economics, tagged Taxes on March 24, 2007 | Leave a Comment »
A couple of weeks after I wrote about taxes in Lebanon and their relatively heavy burden on low-income Lebanese. The Daily Star recently wrote an interesting article on the topic.
Raising taxes
Posted in Economics, tagged Taxes on March 8, 2007 | Leave a Comment »
I must be crazy talking about taxes while our country is on the brink of civil war. Its just that I do not think it is. Moreover, I am certain that taxes are part of the problem, or at least they are perceived to be. So, dealing with them can help make things smoother politically [...]
Lebanese Optimism
Posted in Culture, Economics, Foreign Affairs, Journalism, Politics, Society on February 4, 2006 | 2 Comments »
In this blog I plan to write about why and how I think Lebanon’s future is a bright one. We are a resilient nation, though we have many problems. We are also a very determined nation and I think we will eventually find our way out of the crisis we are in. Once out, we [...]
