03608nam 22006732 450 991045026270332120210531145055.01-280-46780-097866104678081-4237-1427-X90-474-0257-X10.1163/9789047402572(CKB)1000000000033080(EBL)253710(OCoLC)614799880(SSID)ssj0000223504(PQKBManifestationID)11185322(PQKBTitleCode)TC0000223504(PQKBWorkID)10181727(PQKB)11331927(MiAaPQ)EBC253710(Au-PeEL)EBL253710(CaPaEBR)ebr10089757(CaONFJC)MIL46780(OCoLC)60876446(nllekb)BRILL9789047402572(EXLCZ)99100000000003308020200716d2004 uy 0engur|n|---|||||txtccrA Political Economy of Lebanon, 1948-2002 The Limits of Laissez-faire /Toufic GaspardLeiden; Boston :BRILL,2004.1 online resource (313 p.)Social, Economic and Political Studies of the Middle East and Asia ;92Description based upon print version of record.90-04-13259-7 Includes bibliographical references and index.CONTENTS; 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 IndexThis 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.Social, Economic and Political Studies of the Middle East and Asia ;92.The Limits of Laissez-faireEconomic developmentPolitical aspectsLebanonHistory20th centuryEconomic developmentPolitical aspectsEconomic historyElectronic books.Economic developmentPolitical aspectsHistoryEconomic developmentPolitical aspects.Economic history.330.95692/043Gaspard Toufic1064230NL-LeKBNL-LeKBBOOK9910450262703321A Political Economy of Lebanon, 1948-20022537058UNINA