"Cover" -- "Title" -- "Copyright" -- "Table of Contents" -- "Acknowledgments" -- "Abbreviations" -- "Chapter 1 Global Outlook: A Fragile Recovery" -- "Summary" -- "Major economies: Recent developments and outlook" -- "Global trends" -- "Emerging market and developing economies: Recent...

The economy continues to contract, albeit at a somewhat slower pace. Public finances improved in 2021, but only because spending collapsed faster than revenue generation. Testament to the continued atrophy of Lebanon's economy, the Lebanese Pound continues to depreciate sharply. The sharp...