One of the world’s worst economic collapses, now compounded by the Ukraine crisis: What’s next for Lebanon?
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Published on
06.05.22
- Impact Area
High food prices and supply disruptions triggered by the Ukraine war are hitting Middle Eastern and North African (MENA) countries like Egypt, Sudan, and Yemen hard partly due their heavy dependence on wheat imports. But in the region, Lebanon—already in the midst of one of the world’s worst economic collapses since the 1850s—is uniquely vulnerable to food security impacts from the Russia-Ukraine conflict.
A recent World Bank report calls Lebanon’s current crisis “The Great Denial”—referring to an ongoing breakdown of government services, civil society, and the economy.
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