Transition finance country study of Lebanon: Global public goods and the response to adverse shocks
This study investigates transition finance in Lebanon, an upper middle-income country in the MENA region transitioning from a significant adverse shock. Lebanon's development path has been historically non-linear and, most recently, the Syrian conflict adversely affected the country's deve...
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Weitere Verfasser: | , |
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2019
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Schriftenreihe: | OECD Development Co-operation Working Papers
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Schlagworte: | |
Online-Zugang: | UBA01 UBG01 UEI01 UER01 UPA01 UBR01 UBW01 FFW01 FNU01 EUV01 FRO01 FHR01 FHN01 TUM01 FHI01 UBM01 Volltext |
Zusammenfassung: | This study investigates transition finance in Lebanon, an upper middle-income country in the MENA region transitioning from a significant adverse shock. Lebanon's development path has been historically non-linear and, most recently, the Syrian conflict adversely affected the country's development path. The Syrian conflict compounded pre-existing deficits and challenges in Lebanon, calling for increased international assistance. DAC donors increased official development assistance (ODA) to Lebanon to preserve stability and promote refugee protection. Donors also created special financing instruments such as the Global Concessional Financing Facility (GCFF) to foster the provision of multilateral concessional financing to Lebanon. Official development finance in Lebanon is high in comparison to its peers, particularly on a per capita basis and for humanitarian assistance. The country also attracts high amounts of FDI and remittances. Overall, domestic credit dominates the financing landscape and public debt is high. DAC members and other donors can strengthen the humanitarian-development-peace nexus, address long-standing country needs to promote self-sufficiency, and re-design partnerships driven by mutual accountability and appropriate incentive structures |
Beschreibung: | 1 Online-Ressource (80 Seiten) |
DOI: | 10.1787/25aa14e0-en |
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Datensatz im Suchindex
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author | Chiofalo, Emilio |
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doi_str_mv | 10.1787/25aa14e0-en |
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spelling | Chiofalo, Emilio Verfasser aut Transition finance country study of Lebanon Global public goods and the response to adverse shocks Emilio Chiofalo, Konstantin Poensgen and Yasmine Rockenfeller Paris OECD Publishing 2019 1 Online-Ressource (80 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Development Co-operation Working Papers This study investigates transition finance in Lebanon, an upper middle-income country in the MENA region transitioning from a significant adverse shock. Lebanon's development path has been historically non-linear and, most recently, the Syrian conflict adversely affected the country's development path. The Syrian conflict compounded pre-existing deficits and challenges in Lebanon, calling for increased international assistance. DAC donors increased official development assistance (ODA) to Lebanon to preserve stability and promote refugee protection. Donors also created special financing instruments such as the Global Concessional Financing Facility (GCFF) to foster the provision of multilateral concessional financing to Lebanon. Official development finance in Lebanon is high in comparison to its peers, particularly on a per capita basis and for humanitarian assistance. The country also attracts high amounts of FDI and remittances. Overall, domestic credit dominates the financing landscape and public debt is high. DAC members and other donors can strengthen the humanitarian-development-peace nexus, address long-standing country needs to promote self-sufficiency, and re-design partnerships driven by mutual accountability and appropriate incentive structures Development Lebanon Poensgen, Konstantin ctb Rockenfeller, Yasmine ctb https://doi.org/10.1787/25aa14e0-en Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Chiofalo, Emilio Transition finance country study of Lebanon Global public goods and the response to adverse shocks Development Lebanon |
title | Transition finance country study of Lebanon Global public goods and the response to adverse shocks |
title_auth | Transition finance country study of Lebanon Global public goods and the response to adverse shocks |
title_exact_search | Transition finance country study of Lebanon Global public goods and the response to adverse shocks |
title_exact_search_txtP | Transition finance country study of Lebanon Global public goods and the response to adverse shocks |
title_full | Transition finance country study of Lebanon Global public goods and the response to adverse shocks Emilio Chiofalo, Konstantin Poensgen and Yasmine Rockenfeller |
title_fullStr | Transition finance country study of Lebanon Global public goods and the response to adverse shocks Emilio Chiofalo, Konstantin Poensgen and Yasmine Rockenfeller |
title_full_unstemmed | Transition finance country study of Lebanon Global public goods and the response to adverse shocks Emilio Chiofalo, Konstantin Poensgen and Yasmine Rockenfeller |
title_short | Transition finance country study of Lebanon |
title_sort | transition finance country study of lebanon global public goods and the response to adverse shocks |
title_sub | Global public goods and the response to adverse shocks |
topic | Development Lebanon |
topic_facet | Development Lebanon |
url | https://doi.org/10.1787/25aa14e0-en |
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