The IMF has its own strategy for such cases called “fragile and conflict-affected states”. It was issued in March 2022 and will be implemented until 2025. The summary states that “Supporting fragile and conflict-affected states (FCS) is an important priority for the international policy agenda. FCS are home to nearly […]
Tag: World Bank
The collapse of the Central Bank of Lebanon following a major state scam plunged the country into an unparalleled economic and financial crisis. The country is now paying for its 76 years of political dependence and 8 years of complete political vacancy. The reality of its situation is very different from the perception of its citizens.
‘When the rich get richer they get more powerful and that puts them in the position to lobby for policies that make them richer still’– former Clinton advisor Larry Summers. I briefly read the French economist Thomas Piketty’s best seller CAPITALISM IN THE 21st CENTURY. The theme of Picketty’s work […]