TOWARDS SUSTAINABLE DEVELOPMENT: Options for Lebanon Beyond the Financial Crisis

The current COVID’s pandemic coupled to the economic downturn and financial turmoil over the world with connected severe recession, has uncovered the long-standing economic, financial and social vulnerabilities as well as deep-seated macro-economic problems in developing and low-income countries. There have been serious calls for urgent actions aiming to promote a healthy financial system, to change the long-lasting harmful practices, drain resources, adopt fair taxation rules, prevent shifting of profits out of the countries, restore confidence and raise the voices of citizens that have been left behind. In this regard, it has been resolved that a new economic model is needed to ensure sustainable development given the collapse of the system, rising inequality, overstretched health system, and unaffordable private education. The plan of action should recognize that eradicating poverty and inequality in all their forms and dimensions is the greatest global challenge and an indispensable requirement for sustainable development. It seeks to shift the world on to a sustainable and resilient path. This webinar will strive to identify challenges and needs to reach the appropriate goals and targets (SDG) as well as to determine the key tools in this respect notably for a fragile country like Lebanon starting from the identification of structural strengths to cultivate and weaknesses to combat to make development more sustainable.