Poverty In Lebanon
Poverty in Lebanon refers to a variety of situations. First, it refers to individuals and households who live below the poverty threshold, set as a money-metric measurement. This approach is the most basic and universal measure of poverty. However, research and surveys in Lebanon allowed for the emergence of a more complex concept: multidimensional poverty. Multidimensional poverty takes into account aspects of deprivation that may not relate to financial constraints: Residents in Lebanon may be deprived of health care, medicine, services, or education even when they are not materially poor. Lebanon used to be considered a middle income country before the 2019 banking and economic crisis but, even at the time, inequalities were among the highest in the world and 28% of the population lived below the poverty line, according to a study carried out by the Central Administration of Statistics and the World Bank in 2011. In 2021, as the country experienced a severe economic crisis, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Fouad Chehab
Fouad Abdallah Chehab ( / ; 19 March 1902 – 25 April 1973) was a Lebanese general and statesman who served as president of Lebanon from 1958 to 1964. He is considered to be the founder of the Lebanese Army after Lebanon gained independence from France, and became its first commander in 1946. Born in Ghazir to a family that traced its origins to nobility, Chehab joined the French Army in 1919. He was appointed Prime Minister of Lebanon by the outgoing president Bechara El Khoury, who resigned due to widespread demonstrations against his administration, and tasked Chehab with the role of organizing the next presidential election, in which Camille Chamoun was elected. During the 1958 Lebanon crisis between Chamoun and Muslim leaders, he prevented the army from siding with the government or the opposition, and refused any request to do so. This decision helped keep the army unified and limited losses. He was elected President of Lebanon in the 1958 election, being considered ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economy Of Lebanon
The economy of Lebanon has been experiencing a large-scale multi-dimensional crisis since 2019, including a banking collapse, the Lebanese liquidity crisis and a sovereign default. It is classified as a developing, lower-middle income economy. The nominal GDP was estimated at $19 billion in 2020, with a per capita GDP amounting to $2,500. In 2018 government spending amounted to $15.9 billion, or 83% of GDP. The Lebanese economy went through a significant expansion after the 34-day war of 2006, with growth averaging 9.1% between 2007 and 2010. After 2011 the local economy was affected by the Syrian civil war, growing by a yearly average of 1.7% on the 2011–2016 period and by 1.5% in 2017. In 2018, the size of the GDP was estimated to be $54.1 billion. Between 2019 and 2021, the economy shrank by 53.4%, the highest contraction in a list of 193 countries. Since 2020, the International Monetary Fund no longer publishes data on the Lebanese economy. Lebanon is t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Lebanese Pound
The lira or pound is the currency of Lebanon. It was formerly divided into 100 piastres (or ''qirsh'' in Arabic) but, because of high inflation during the Lebanese Civil War (1975–1990), subunits were discontinued. The plural of lira is either ''lirat'' ( ) or invariant, whilst there are four forms for ''qirsh'': the dual ''qirshān'' () used with number 2, the plural ''qurush'' () used with numbers 3–10, the accusative singular ''qirshan'' (قرشًا) used with 11–99, and the genitive singular ''qirsh'' (قرش) used with multiples of 100. The number determines which plural form is used. All of Lebanon's coins and banknotes are bilingual in Arabic and French. From December 1997 through January 2023, the exchange rate was fixed at LL 1,507.50 per US dollar. However, since the 2020 economic crisis in Lebanon, exchange at this rate was generally unavailable, and an informal currency market developed with much higher exchange rates. On 1 February 2023, the Centr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Lebanon Central Administration Of Statistics
Lebanon, officially the Republic of Lebanon, is a country in the Levant region of West Asia. Situated at the crossroads of the Mediterranean Basin and the Arabian Peninsula, it is bordered by Syria to the north and east, Israel to the south, and the Mediterranean Sea to the west; Cyprus lies a short distance from the coastline. Lebanon has a population of more than five million and an area of . Beirut is the country's capital and largest city. Human habitation in Lebanon dates to 5000 BC. From 3200 to 539 BC, it was part of Phoenicia, a maritime civilization that spanned the Mediterranean Basin. In 64 BC, the region became part of the Roman Empire and the subsequent Byzantine Empire. After the seventh century, it Muslim conquest of the Levant, came under the rule of different Islamic caliphates, including the Rashidun Caliphate, Rashidun, Umayyad Caliphate, Umayyad and Abbasid Caliphate, Abbasid. The 11th century saw the establishment of Christian Crusader states, which fell ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Arab Fund For Economic And Social Development
The Arab Fund for Economic and Social Development (AFESD) is a Kuwait-based pan-Arab development finance institution. All member-states of the Arab League are members of the AFESD. As of 2003, it held around US$7.3 billion in assets. The AFESD was established by agreement of the Economic and Social Council of the Arab League. Its first meeting was held on 6 February 1972. The current Chairman is Bader M. Alsaad. Founding Chairman is Saeb N. Jaroudi. AFESD Purpose The Arab Fund for Economic and Social Development (AFESD) claims its main purpose is “contribute to the financing of economic and social development projects in the Arab countries”(Arab Fund for Economic and Social Development 2024). they execute this through providing financing for development projects, and providing loans to public and private institutions as well as encouraging investments in member states. AFESD also provides economic assistance through expert consultation in various projects. The AFESD ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Clientelism
Clientelism or client politics is the exchange of goods and services for political support, often involving an implicit or explicit ''quid-pro-quo''. It is closely related to patronage politics and vote buying. Clientelism involves an asymmetric relationship between groups of political actors described as ''patrons, brokers'', and ''clients''. In client politics, an organized interest group benefits at the expense of the public. Client politics may have a strong interaction with the dynamics of identity politics. This is particularly common in an elite Pluralism (political theory), pluralist or rigidly Duopoly in politics, duopolistic system, such as in the United States, where lobbying can have considerable power shaping public policy. The opposite of client politics is entrepreneurial politics, or conviction politics. Although many definitions for clientelism have been proposed, according to the political scientist Allen Hicken, it is generally thought that there are four key e ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Lebanese Civil War
The Lebanese Civil War ( ) was a multifaceted armed conflict that took place from 1975 to 1990. It resulted in an estimated 150,000 fatalities and led to the exodus of almost one million people from Lebanon. The religious diversity of the Lebanese people played a notable role in the lead-up to and during the conflict: Lebanese Christians and Lebanese Sunni Muslims comprised the majority in the coastal cities; Lebanese Shia Muslims were primarily based throughout southern Lebanon and in the Beqaa Valley in the east; and Lebanese Druze, Druze and Christians populated the country's mountainous areas. At the time, the Lebanese government was under the influence of elites within the Maronite Christian community. The link between politics and religion was reinforced under the Greater Lebanon, French Mandate from 1920 to 1943, and the country's parliamentary structure favoured a leading position for Lebanese Christians, who constituted the majority of the population. However, Leban ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Institut De Recherches Et De Formation En Vue De Développement
An institute is an organizational body created for a certain purpose. They are often research organisations (research institutes) created to do research on specific topics, or can also be a professional body. In some countries, institutes can be part of a university or other institutions of higher education, either as a group of departments or an autonomous educational institution without a traditional university status such as a "university institute", or institute of technology. In some countries, such as South Korea and India, private schools are sometimes referred to as institutes; also, in Spain, secondary schools are referred to as institutes. Historically, in some countries, institutes were educational units imparting vocational training and often incorporating libraries, also known as mechanics' institutes. The word "institute" comes from the Latin word ''institutum'' ("facility" or "habit"), in turn derived from ''instituere'' ("build", "create", "raise" or "educat ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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1958 Lebanon Crisis
The 1958 Lebanon crisis was a political crisis in Lebanon caused by political and religious tensions in the country that included an American military intervention, which lasted for around three months until President Camille Chamoun, who had requested the assistance, completed his term as president of Lebanon. American and Lebanese government forces occupied the Port of Beirut and Beirut International Airport. With the crisis over, the United States withdrew. Background Arab Cold War After the end of World War II in 1945, the United States and Soviet Union were the two major world powers. Two years later, the Truman Doctrine was issued, aimed at containing the spread of communism and the Soviet Union. The Cold War is generally considered to have begun around this time. As the world divided into the Eastern (communist) and Western (capitalist) Blocs, a struggle for ideological geopolitical supremacy between the US and USSR emerged. One of the ways it manifested was throu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Greater Lebanon
The State of Greater Lebanon (; ), informally known as French Lebanon, was a state declared on 1 September 1920, which became the Lebanese Republic (; ) in May 1926, and is the predecessor of modern Lebanon. The state was declared on 1 September 1920, following Decree 318 of 31 August 1920, as a League of Nations Mandate under the proposed terms of the Mandate for Syria and the Lebanon which was to be ratified in 1923. When the Ottoman Empire was formally split up by the Treaty of Sèvres in 1920, it was decided that four of its territories in the Middle East should be League of Nations mandates temporarily governed by the United Kingdom and France on behalf of the League. The British were given British Mandate for Palestine (legal instrument), Palestine and British Mandate of Iraq, Iraq, while the French were given a mandate over Syria and Lebanon. Henri Gouraud (general), General Gouraud proclaimed the establishment of the state with its present boundaries after support from t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Poverty Threshold
The poverty threshold, poverty limit, poverty line, or breadline is the minimum level of income deemed adequate in a particular country. The poverty line is usually calculated by estimating the total cost of one year's worth of necessities for the average adult.Poverty Lines – Martin Ravallion, in The New Palgrave Dictionary of Economics, 2nd Edition, London: Palgrave Macmillan The cost of housing, such as the rent for an apartment, usually makes up the largest proportion of this estimate, so economists track the real estate market and other housing cost indicators as a major influence on the poverty line. Individual factors are often used to account for various circumstances, such as whether one is a parent, elderly, a child, married, etc. The poverty threshold may be adjusted annually. In practice, like the definition of poverty, the official or common understanding of the poverty line is significantly higher in developed countries than in developing countries. In Septembe ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |