Publications

The accumulation of the Lebanese public debt since 1990 is becoming the most critical and serious risk in the country’s future economic growth and stability. This paper investigates the impact of the Lebanese government debt on its economic growth through an econometric analysis using data for about 26 years starting in 1989. The research data is from the Lebanese central bank, the International Monetary Funds and the World Development Indicators then it is regressed in basic time series analysis taking into consideration the different variables that have an influence on the economic growth. After testing its robustness and illustrated through ARMAX, the results show a statistically significant impact of public debt to GDP on the Lebanese economic growth but vary in sign based on a threshold of 128.8%.