Une série d’infographies sur la crise économique libanaise qui laissait prévoir l’éruption des protestations actuelle par
Ahmad Barclay sur Twitter : “0/ (THREAD) What were the signs that #LebanonUprising #LebanonProtests was coming? For the past few years I’ve been producing #dataviz and #infographics with #Lebanon's executivemag. I thought it would be a good time to trawl through them for some of the highlights/lowlights...” / Twitter
1/ The Swap — A major manifestation of the foreign currency shortage in #Lebanon... Back in 2016
(the Lebanese central bank) offered Lebanese commercial banks a profitable arrangement to exchange $billions of their foreign currency reserves for Lebanese Pounds.
2/ Decline in the #RealEstate market — There’s been a steady downward trend in construction in #Lebanon since at least 2011 according to data from the Lebanese order of Engineers.
3/ Growing fiscal #deficit — The gap between #Lebanese government revenues and expenditure is growing according to Ministry of Finance data... As a result total government #NationalDebt in #Lebanon stands today at around 150% of GDP.
4/ Declining revenue as % of GDP — Weak economic growth and a burgeoning informal economy have seen the #Lebanese government struggle to sustain its sources of revenue.
5/ Structural trade deficit — #Lebanon has been importing much more than it exports for years according to Lebanese Customs data... and exports have declined by 1/3 since 2012, reflecting the decline of industry in Lebanon in general.
6/ Declining national wealth — According to analysis by
@worldbankdata , #Lebanon's “national wealth” per capita (a measure that accounts for mineral, agricultural, financial and human “wealth”) has been on a downward trajectory since 1995.
7/ Lack of meaningful electoral reform — This was our attempt to explain the electoral law for the 2018 #Lebanese elections. Suffice to say it was pretty f*cking complex, and the result was...
8/ The same old people in charge — The balance of power in #Lebanon since the end of the civil war has essentially meant the same political parties (and same individuals) dividing the pie between themselves... The question is what happens next? #LebanonProtests #LebanonUprising