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Published 2004
A Political Economy of Lebanon, 1948-2002 : The Limits of Laissez-faire /

: This book is about the laissez-faire strategy for economic development, a strategy inspired by neoclassical/mainstream economics, advocated by the "Washington Consensus", and implemented by the Bretton Woods institutions. Mainstream economics has taken legitimacy from the historical failure of command economies. But this view has not been balanced by an examination of the performance of laissez-faire economies, the closest to the pure market model. Lebanon provides a unique test case in this regard. The book assesses Lebanon's development during 1948-2002, including its industrial and financial performance. The dynamics of the laissez-faire system is separately studied from a Post-Keynesian perspective, highlighting institutional behavior. It is found that laissez-faire is not a sufficient condition for economic development, and can even be counterproductive.
: 1 online resource. : Includes bibliographical references and index. : 9789047402572
9789004132597

Published 1993
Recovering Beirut : Urban Design and Post-War Reconstruction /

: Recovering Beirut , the result of a workshop organised by the Center for International Studies at MIT on urban planning and socio-economic reconstruction in post-war Lebanon, brings together established professors, young scholars, architects, town planners and entrepreneurs to explore the problems of and prospects for urban planning and to consider visions and strategies for the reconstruction of Lebanon after sixteen years of civil war. This fascinating volume, which opens with an introduction by the eminent scholar Richard Sennett, engages in multi-layered discussion of the problems of spatial, socio-economic and cultural rehabilitation of a fractured social order in the throes of post-war reconstruction. It contains 82 illustrations underlining the impact of the study.
: 1 online resource. : Includes bibliographical references and index. : 9789004493094
9789004099111