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Rethinking the Lebanese economic miracle: The extreme concentration of income and wealth in Lebanon 2005-2014

Abstract : I combine household surveys, national accounts and personal income tax records for the 2005-2014 period to produce the first estimates of the national income distribu- tion in Lebanon. I find that income is extremely concentrated, with the top 1 and 10% of the adult population receiving 25 and 55% of national income on average, placing Lebanon among the countries with the highest level of income inequality in the world. These figures, which are the first recent statistics on income inequality in an Arab country, question the view of Lebanon as a paragon of economic success in the Middle East. The dynamism of the tourism, banking and real-estate sectors has benefited only a minority of the population, while a large part still lives in extreme poverty.
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Lydia Assouad. Rethinking the Lebanese economic miracle: The extreme concentration of income and wealth in Lebanon 2005-2014. 2017. ⟨halshs-02795688v1⟩

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