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Following the 15-year civil war that started in 1975, Lebanon's government began the difficult task of economic stabilization and confidence building, on the one hand, and postwar reconstruction and development, on the other. The government led the reconstruction effort by formulating programs that aimed to rapidly rehabilitate the country's severly damaged infrastructure in preparation for private-sector-led growth over the medium term. At the same time, Lebanon introduced an exchange-rate-based nominal anchor policy to stabilize expectations and cut inflation. This paper analyzes the government's progress with the policies adopted.

Economic policy and planning (general) --- Lebanon --- European Union --- dette publique --- finances publiques --- liban --- politique economique --- politique fiscale --- situation economique --- taux d'interet --- Reconstruction --- -Economic stabilization --- -Finance, Public --- -Fiscal policy --- -Interest rates --- -Debts, Public --- -330.05 --- 330.95692 --- Debts, Government --- Government debts --- National debts --- Public debt --- Public debts --- Sovereign debt --- Debt --- Bonds --- Deficit financing --- Money market rates --- Rate of interest --- Rates, Interest --- Interest --- Tax policy --- Taxation --- Economic policy --- Finance, Public --- Cameralistics --- Public finance --- Currency question --- Adjustment, Economic --- Business stabilization --- Economic adjustment --- Stabilization, Economic --- openbare schuld --- openbare financien --- libanon --- economisch beleid --- fiscaal beleid --- economische toestand --- rentevoeten --- Government policy --- Economic policy. --- Economic conditions --- -Statistics. --- Debts, Public --- Economic stabilization --- Fiscal policy --- Interest rates --- 330.05 --- E.U. --- Public finances --- Liban --- République libanaise --- Libanon --- Lubnān --- Libanan --- Livan --- Mont-Liban (Turkey : Mutaṣarrifīyah) --- Jabal Lubnān (Turkey : Mutaṣarrifīyah) --- Levanon --- Líbano --- Livanos --- Grand Lebanon --- Grand Liban --- Lebanese Republic --- Jumhūrīyah al Lubnānīyah --- Jumhouriya al-Lubnaniya --- Republic of Lebanon --- لبنان --- جمهورية اللبنانية --- Ліван --- Ліванская Рэспубліка --- Livanskai︠a︡ Rėspublika --- Ливан --- Република Ливан --- Republika Livan --- Λίβανος --- Δημοκρατία του Λιβάνου --- Dēmokratia tou Livanou --- Jumhūrīyyah al-Lubnānīyyah --- 레바논 --- לבנון --- רפובליקה הלבנונית --- Republiḳah ha-Levanonit --- Либан --- Либанска Република --- Libanska Republika --- レバノン --- Rebanon --- レバノン共和国 --- Rebanon Kyōwakoku --- Ливанская Республика --- Республіка Ліван --- Respublika Livan --- Ліванська Республика --- Livansʹka Respublyka --- Levonen --- 黎巴嫩 --- Libanen --- Banks and Banking --- Exports and Imports --- Investments: General --- Macroeconomics --- Public Finance --- Debt Management --- Sovereign Debt --- General Financial Markets: General (includes Measurement and Data) --- Taxation, Subsidies, and Revenue: General --- Trade: General --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- National Government Expenditures and Related Policies: General --- Public finance & taxation --- International economics --- Investment & securities --- Banking --- Finance --- Treasury bills and bonds --- Revenue administration --- Expenditure --- Government debt management --- Financial institutions --- Public financial management (PFM) --- Government securities --- Revenue --- Expenditures, Public --- Banks and banking

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This paper charts Tunisia's transformation from an inward-looking, heavily regulated economy into a predominantly market- and export-oriented one. The paper highlights some of the major challenges facing the country and draws lessons from Tunisia's experience that can be useful for other countries.

Economic policy and planning (general) --- Tunisia --- Structural adjustment (Economic policy) --- Economic stabilization --- Currency convertibility --- Economic policy --- -Currency convertibility --- -Economic stabilization --- -338.22 <611> --- 338.24 <611> --- 339.743 <611> --- 338 --- (611) --- --- politique economique --- politique monetaire --- tunisie --- TN / Tunisia - Tunesië - Tunisie --- 336.62 --- 333.480 --- 333.111.40 --- 330.05 --- 338.9611 --- Adjustment, Economic --- Business stabilization --- Economic adjustment --- Stabilization, Economic --- Convertibility of currency --- Foreign exchange --- Economische organisatieleer. Economisch beleid. Economische politiek--Tunesië --- Instrumenten van de economische politiek. Economische orde. Economisch politieke maatregelen. Stabilisering. Stimuleringsmaatregelen. Regulering. Financiele steunmaatregelen--Tunesië --- Wisselkoersen. Wisselkoerspariteiten. Dubbele wisselkoers. Devaluatie. Revaluatie. Zwevende wisselkoers. Muntslang--Tunesië --- economisch beleid --- monetair beleid --- tunesie --- Financiële hervormingen en saneringen. --- Geldstelsel. --- Gelduitgifte en gelddekking: algemeen. --- Economic policy. --- Working papers --- 339.743 <611> Wisselkoersen. Wisselkoerspariteiten. Dubbele wisselkoers. Devaluatie. Revaluatie. Zwevende wisselkoers. Muntslang--Tunesië --- 338.24 <611> Instrumenten van de economische politiek. Economische orde. Economisch politieke maatregelen. Stabilisering. Stimuleringsmaatregelen. Regulering. Financiele steunmaatregelen--Tunesië --- 338.22 <611> Economische organisatieleer. Economisch beleid. Economische politiek--Tunesië --- 338.22 <611> --- Gelduitgifte en gelddekking: algemeen --- Geldstelsel --- Financiële hervormingen en saneringen --- Chunijia --- Chunijia Kyōwakoku --- Jumhuriya at-Tunisiya --- Jumhūrīyah al-Tūnisīyah --- Republic of Tunisia --- République tunisienne --- Tunesien --- Túnez --- Tunis (Protectorate) --- Tunisie --- Tunisskai︠a︡ Respublika --- Tunisyah --- チュニジア --- チュニジア共和国 --- Structural adjustment (Economic policy) - Tunisia --- Economic stabilization - Tunisia --- Currency convertibility - Tunisia --- Tunisia - Economic policy --- Banks and Banking --- Exports and Imports --- Macroeconomics --- Public Finance --- Taxation --- Finance: General --- Trade: General --- General Financial Markets: General (includes Measurement and Data) --- National Government Expenditures and Related Policies: General --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Trade Policy --- International Trade Organizations --- Taxation, Subsidies, and Revenue: General --- Nonprofit Organizations and Public Enterprise: General --- Public finance & taxation --- International economics --- Banking --- Investment & securities --- Finance --- Public ownership --- nationalization --- Imports --- Expenditure --- Revenue administration --- Treasury bills and bonds --- International trade --- Financial institutions --- Public enterprises --- Economic sectors --- Expenditures, Public --- Banks and banking --- Revenue --- Government securities --- Government business enterprises --- Nationalization

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Economic stabilization --- -Industrial policy --- -338.26 <64> --- 338 <64> --- 338 --- (64) --- $?$95/03 --- croissance economique --- maroc --- politique economique --- politique industrielle --- MA / Morocco - Marokko - Maroc --- 338.8 --- 37 --- 330.05 --- 338.964 --- 338 <64> Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--Marokko --- Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--Marokko --- 338.26 <64> Economische planning. Nationale plannen. Ontwikkelingsplannen. Meerjarenplannen. Plattelandsontwikkeling. Rural development. Kosten-batenanlyse--Marokko --- Economische planning. Nationale plannen. Ontwikkelingsplannen. Meerjarenplannen. Plattelandsontwikkeling. Rural development. Kosten-batenanlyse--Marokko --- Business --- Industries --- Industry and state --- Economic policy --- Adjustment, Economic --- Business stabilization --- Economic adjustment --- Stabilization, Economic --- economische groei --- marokko --- economisch beleid --- industrieel beleid --- Economische groei. --- Geografische economie. Monografieën van streken en landen. --- Government policy --- Morocco --- Economic policy. --- Working papers --- International finance --- Third World: economic development problems --- Economic policy and planning (general) --- National accounts --- Industrial policy --- 338.26 <64> --- Economische groei --- Geografische economie. Monografieën van streken en landen --- Developing countries: economic development problems --- Economic stabilization - Morocco --- Industrial policy - Morocco --- Morocco - Economic policy

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Foreign trade. International trade --- Africa

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Economic stabilization --- Structural adjustment (Economic policy) --- Africa, North --- Middle East --- Economic conditions --- Economic policy.