MISMANAGEMENT AND POOR STRATEGIES, THE ROOT OF CORRUPTION. A WAY OUT OF THE CRISIS

Abstract

Over the years, Lebanon did not live up to its expectations and descriptions. Since the 1990’s, corruption, branched in diverse ways, like mismanagement of policies, government resources, expenditures, and possible revenues have drastically hurt the Lebanese economy. The governmental fiscal and monetary policies have been subpar and inefficient. Moreover, the strategies and mismanagement of the country’s financials and resources have also played its fair share in corruption. This paper studies these ideas and proposes a methodical way out of this crisis.