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181   $ctxt
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200 12$aA political economy of Lebanon, 1948-2002 $ethe limits of laissez-faire /$fby Toufic K. Gaspard
205   $a1st ed.
210   $aLeideb ;$aBoston $cBrill$d2004
215   $a1 online resource (313 p.)
225 1 $aSocial, economic, and political studies of the Middle East and Asia,$x1385-3376 ;$vv. 92
300   $aDescription based upon print version of record.
311   $a90-04-13259-7 
320   $aIncludes bibliographical references and index.
327   $aCONTENTS; 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
330   $aThis book is about the laissez-faire strategy for economic development, a strategy inspired by neoclassical/mainstream economics, advocated by the "Washington Consensus", and implemented by the Bretton Woods institutions. Mainstream economics has taken legitimacy from the historical failure of command economies. But this view has not been balanced by an examination of the performance of laissez-faire economies, the closest to the pure market model. Lebanon provides a unique test case in this regard. The book assesses Lebanon's development during 1948-2002, including its industrial and financial performance. The dynamics of the laissez-faire system is separately studied from a Post-Keynesian perspective, highlighting institutional behavior. It is found that laissez-faire is not a sufficient condition for economic development, and can even be counterproductive.
410  0$aSocial, economic, and political studies of the Middle East and Asia ;$vv. 92.
606   $aEconomic development$xPolitical aspects$zLebanon$xHistory$y20th century
606   $aFree enterprise$zLebanon$xHistory$y20th century
607   $aLebanon$xEconomic conditions$y20th century
615  0$aEconomic development$xPolitical aspects$xHistory
615  0$aFree enterprise$xHistory
676   $a330.95692/043
700   $aGaspard$b Toufic K$0688483
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910826934403321
996   $aA political economy of Lebanon, 1948-2002$94187322
997   $aUNINA