List of tables; Preface; A political economy of Lebanon, 1948-2002: The limits of laissez-faire; Introduction; CHAPTER ONE OF SPONTANEITY AND DESIGN: THE MARKET AND ECONOMIC DEVELOPMENT; CHAPTER TWO THE ROAD TO LAISSEZ-FAIRE: A HISTORICAL PERSPECTIVE; CHAPTER THREE GROWTH WITHOUT DEVELOPMENT; CHAPTER FOUR LAISSEZ-FAIRE AGAINST INDUSTRY; CHAPTER FIVE THE REPRODUCTION OF LAISSEZ-FAIRE; CHAPTER SIX FROM CRISIS TO RECONSTRUCTION; CHAPTER SEVEN CONCLUDING REMARKS AND POLICY RECOMMENDATIONS; Bibliography; Subject Index; Author Index
Summary
This work assesses Lebanon's development experience during 1948-2002, a case study of laissez-faire performance over more than 50 years. The text analyzes the strong monetary crisis of the mid-1980s and the reconstruction policy that produced weak growth and high government indebtedness