The banking sector and the uprising
Posted December 5, 2019
External Article: The Daily Star
Rana Shabb, a doctoral candidate in the Sam Nunn of International Affairs, wrote "The banking sector and the uprising" in The Daily Star.
Therefore, as the Lebanese public demands transparency, accountability and good governance across the board, the financial sector should not be thrown out with the current political elites. It is important that the Central Bank - the regulator - be subject to high scrutiny and abide by stringent transparency and accountability measures. However, the collapse of the commercial banks is not a solution to 30 years of political mismanagement nor is it an avenue for fruitful revenge.