Banking on the state: the financial foundations of Lebanon

In: Stanford studies in Middle Eastern and Islamic societies and cultures

Abstract

Introduction : illusions of financial independence -- Colonial finance : the long monetary mandate -- Central bank reform : ideas and institutions -- Barons of banking : the untouchables -- Banque du Liban : façade of economic sovereignty -- Suits and shadows : the Intra affair -- Financial regime change : laissez-faire's last refuge -- Conclusion : sovereign debt, sovereign banks.