03579nam 22006614a 450 991082693440332120200520144314.01-280-46780-097866104678081-4237-1427-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)99100000000003308020030814d2004 uy 0engur|n|---|||||txtccrA political economy of Lebanon, 1948-2002 the limits of laissez-faire /by Toufic K. Gaspard1st ed.Leideb ;Boston Brill20041 online resource (313 p.)Social, economic, and political studies of the Middle East and Asia,1385-3376 ;v. 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 ;v. 92.Economic developmentPolitical aspectsLebanonHistory20th centuryFree enterpriseLebanonHistory20th centuryLebanonEconomic conditions20th centuryEconomic developmentPolitical aspectsHistoryFree enterpriseHistory330.95692/043Gaspard Toufic K688483MiAaPQMiAaPQMiAaPQBOOK9910826934403321A political economy of Lebanon, 1948-20024187322UNINA