Lebanon at the Crossroads: Navigating Economic Turmoil, Corruption, and the Urgent Call for International Intervention

Dr. Antoun Toubia
7 min readJan 1, 2024

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Beautiful Lebanon and why it should be protected

Lebanon’s Future Faces Disastrous Consequences'

A Short Introduction:

"Lebanon," with its rich history, diverse culture, and strategic location, has long been referred to as the “Switzerland of the Middle East.” However, the country is facing a number of severe challenges that have cast a shadow over its future. In this piece, we’ll take a look at some of the major challenges that are contributing to Lebanon’s uncertain future.

Civil wars, regional conflicts, and political unrest have all been a part of Lebanon’s turbulent history. These historical events have left an indelible imprint on the country’s institutions, hindering its ability to attain long-term stability and prosperity.

Lebanon has a rich history which is deeply rooted in many lebanese citizens

Political strife: One of Lebanon’s most significant obstacles to the country’s future is the country’s deeply rooted political divides. The post-civil war sectarian power-sharing framework has produced an endless cycle of political gridlock, corruption, and favoritism. The inability to create a strong, cohesive government impedes effective governance and progress on crucial issues.

Economic crisis: With rising inflation, a declining currency, and skyrocketing public debt, Lebanon is currently experiencing a catastrophic economic crisis. The economic crisis has resulted in widespread unemployment, poverty, and deterioration of living conditions, posing a severe threat to the well-being of the Lebanese people.

Corruption and Mismanagement: Corruption pervades Lebanon’s governmental and economic spheres. Mismanagement of public funds and resources has exacerbated the recession while weakening public trust in institutions. The lack of accountability and transparency makes it even more difficult to implement much-needed reforms.

Regional geopolitics: Lebanon’s proximity to regional crises, particularly Syria’s ongoing catastrophe, has exacerbated its challenges. The flood of refugees, as well as the spillover effects of regional hostilities, strain resources and exacerbate existing social and economic constraints.

Lebanon’s geographic location has brought the bad more than the good

Sectarianism continues to be a strong force in Lebanese society, influencing political processes and contributing to societal breakdown. The delicate balance between different religious groups is both a source of political stability and a cause of vulnerability, as any shift in this balance can lead to tensions and instability.

Lebanon’s infrastructure has suffered as a result of decades of neglect and insufficient investment. The deterioration of basic amenities, ranging from unreliable public utilities to inadequate healthcare and education systems, contributes to the population’s general discontent.

While Lebanon has significant challenges, there is still hope for a better future. Governance changes, anti-corruption measures, and international assistance can all contribute to Lebanon’s transition to stability and prosperity. An open political discussion, combined with a commitment to resolving the root causes of the country’s problems, is crucial for giving Lebanon’s people a sustainable and secure future. The international community, particularly neighboring countries, must also help Lebanon’s rehabilitation and resilience efforts.

That is where we are heading, into a destructive future or no future at all

Corruption’s Pervasiveness: Corruption has infiltrated virtually every aspect of Lebanon’s society, affecting institutions, businesses, and the daily lives of its citizens. Because of the pervasiveness of corruption, many people believe that personal wealth takes precedence over national welfare.

The Corruption Cycle and the Corrupted Majority: A deeply ingrained corruption culture has created a tough-to-break loop. The self-interested majority, which is corrupt, supports a system where those in power abuse their positions. Unfortunately, this cycle has led to many individuals adopting corruption as a way of life, impeding meaningful reform efforts.

The Leadership Challenge: In Lebanon, leadership is often connected with self-improvement rather than public service. The appeal of authority and the chance for personal gain make it impossible for any leader to avoid the temptation of corruption within a compromised system. As a result, even well-intentioned leaders may become trapped in a system that prioritizes individual interests over the good of the whole.

Always destruction and death until there is no more Lebanon

A Call for International Intervention: Given the extent of Lebanon’s difficulties and the pervasiveness of corruption, a growing chorus of voices is demanding international intervention. The proposal for an international committee to oversee Lebanon’s governance in accordance with strict laws and regulations is gaining traction among those who believe that external oversight is essential to stopping the cycle of corruption.

An international committee that operates independently of Lebanon’s current power structures can bring about impartiality and accountability. This assures that corrupt individuals, regardless of their status, are held to the highest standards of justice.

Institutional Reforms: International oversight can aid in the implementation of comprehensive institutional reforms that address the root causes of corruption while also promoting transparency, efficiency, and justice in governance.

The westernization has only brought havoc, but people are helpless maybe!!!

Economic Stabilization: By rebuilding trust in Lebanon’s governance, an international committee can help stabilize the economy. This, in turn, can attract international investment and aid in the country’s financial rehabilitation.

While foreign involvement appears to be a realistic alternative, it is not without its challenges and problems. Sovereignty issues, cultural sensitivities, and the likelihood of internal resistance are all significant problems that must be handled.

Lebanon is at a crossroads, beset with difficulties that require innovative solutions. Though others are skeptical, the appeal for foreign intervention offers a way out of the shackles of corruption that have long hampered progress. Finally, the future of Lebanon is dependent on a common commitment to change, transparency, and the pursuit of a more just and prosperous community.

How long will it last, before the walls would collapse?

The Dangerous Road Ahead: Lebanon’s Economic Collapse
As Lebanon grapples with its complex issues, some analysts and observers fear that the country could follow in the footsteps of nations such as Venezuela, where economic collapse has resulted in significant social and political instability.

Lebanon’s economic crisis, characterized by hyperinflation, a depreciated currency, and increasing public debt, paints a bleak picture for the country’s future. The similarities between Venezuela, which underwent a comparable economic crisis, raise fears about the possibility of a downward cycle into widespread poverty and social upheaval.

There is a light leading to god for all religions

Humanitarian catastrophe: Lebanon’s economic collapse has already emerged as a humanitarian catastrophe, with rising unemployment, declining purchasing power, and an increasing number of citizens living below the poverty line. The threat of total societal breakdown looms high, replicating the difficulties faced by nations that have experienced catastrophic economic collapse.

Political Instability: Lebanon’s political insecurity, along with the country’s economic problems, increases the likelihood of civil unrest and political upheaval. Economic suffering has been demonstrated in the past to be a trigger for political strife, and Lebanon may find itself in a scenario where the political and economic crises feed into each other, producing a cycle of instability.

A happy well lit country, maybe in the future?

From Economic Collapse to Social Disintegration: The Domino Effect
Public Sector Collapse:

As the economic situation worsens, Lebanon risks losing key public services. From healthcare to education, the deterioration of these services can compound human suffering, mimicking the issues faced by nations that have experienced catastrophic economic collapse.

Migration and Displacement: There is rising concern over a major exodus of Lebanese citizens seeking better prospects abroad. The history of other nations that have encountered economic collapse, such as Venezuela, illustrates the possibility of a substantial brain drain, hurting the country’s ability to recover.

The Need for Immediate Action: Given the worrying trajectory, immediate action is essential to prevent a total collapse. While there are difficulties with the idea of international control, it may be the lifeline needed to keep Lebanon from falling off the cliff. Rapid and thorough reforms, along with foreign support, provide a ray of optimism in an otherwise bleak landscape.

Learning from Others’ Mistakes: There is an opportunity to learn from history and establish a different path by studying the experiences of countries that faced economic collapse and taking proactive efforts to solve Lebanon’s particular issues. Lebanon’s fate is not predetermined, and concerted efforts can yet steer the country toward stability and recovery.

Finally, navigating the crossroads:

Lebanon is at a crossroads, confronted with a complex web of difficulties that demand quick attention and imaginative answers. The threat of economic collapse is real, and the country’s leaders, international partners, and resilient people must work together to ensure a brighter and more stable future. Lebanon’s resilience will be tested in the coming years, but with deliberate and concerted efforts, there is still hope for a road away from the verge of collapse.

Hopefully the Angels of god will help us save Lebanon from our greedy selves

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Dr. Antoun Toubia

Chairman, The Swedish Trust K.B. Antoun is a Doctor in business administration and financial management, with years of experience in blockchain technology.