Quantifying Turbulence: Introducing a Multi-crises Impact Index for Lebanon
This paper provides an in-depth analysis of Lebanon’s severe economic crisis, a situation aggravated by the collapse of Banque du Liban’s financial strategies, delayed reforms by the government, the COVID-19 pandemic, and the devastating Beirut Port explosion. These events have precipitated a sharp...
محفوظ في:
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| مؤلفون آخرون: | , , |
| التنسيق: | article |
| منشور في: |
2024
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| الوصول للمادة أونلاين: | http://hdl.handle.net/10725/17929 https://doi.org/10.1007/s11205-024-03426-4 http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php https://link.springer.com/article/10.1007/s11205-024-03426-4 |
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| الملخص: | This paper provides an in-depth analysis of Lebanon’s severe economic crisis, a situation aggravated by the collapse of Banque du Liban’s financial strategies, delayed reforms by the government, the COVID-19 pandemic, and the devastating Beirut Port explosion. These events have precipitated a sharp decline in disposable income, soaring inflation rates, and an alarming increase in unemployment and multidimensional poverty. Central to this study is a comprehensive field survey that examines eighteen coping mechanisms adopted by workers in various economic sectors of Lebanon. From this survey, we introduce a new index designed to systematically categorize and evaluate these coping strategies across four critical dimensions of well-being: nutrition, healthcare, education, and financial issues. We use this index to quantify and understand the extent to which workers have relied on these coping mechanisms, offering novel insights into the socio-economic repercussions of the crisis. |
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