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The Financial Times: Understanding the Lebanese financial crisis
20 December 2019
A guest post by Fadi Hassan, a research associate at the Centre for Economic Performance at the London School of Economics and Ugo Panizza, a professor of economics and the Pitchet chair in finance and development at the Graduate Institute in Geneva. The authors spell out the challenges facing Lebanon as its political establishment tries to stop a spiralling financial crisis which has seen depositors lose access to dollar balances.