Lesson from Beirut

A city once called 'The Paris of the Middle East'
13 August, 2021 by
Lesson from Beirut
James Huang

From colony to couture, no other Middle Eastern city has proved itself to be a hub of art and fashion quite like Beirut. The fusion of East and West, of tradition and modernity, earned the Lebanese capital the nickname: The Paris of the Middle East. With its French Mandate architecture, its world-class cuisine, its fashionable and liberated women, its multitude of churches on the Christian side of town, and its thousand-year-old ties to France, it fit the part. 

During the 1990s, Lebanon became a poster child of a laissez-faire economy gone wild, and it now requires a bailout from the International Monetary Fund. Rife with corruption, the powerful and well-connected were barely subject to the rule of law, and the warlords of the civil war took charge of running the country. 

The once-thriving middle class in Beirut, Lebanon, has collapsed amid a historic economic crisis. Banks are freezing withdrawals and pharmacies are running out of medicines.

How did this happen?  You may read the article here.


Lesson from Beirut
James Huang
13 August, 2021
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