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Comparing Lebanon to the poorest country in Europe, Moldova, show at least one interesting fact besides the GDP drop. The defence expenditure is more than US$
by sharken 5y ago
Comparing Lebanon to the poorest country in Europe, Moldova, show at least one interesting fact besides the GDP drop.
The defence expenditure is more than US$ 2 billion higher per year in Lebanon while it is nearly non-existent in Moldova.
It seems absurd to uphold that kind of expenditure, but it's likely a direct consequence of the historical conflict in the region.
Source:
https://countryeconomy.com/countries/compare/lebanon/moldova https://countryeconomy.com/countries/compare/lebanon/moldova
- wumpus 5y agoMoldova has a "frozen conflict" where Russia is holding a fair fraction of their territory hostage. It's less bad than Ukraine, but still a problem.
- sharken 5y agoThanks for pointing that out, it's not really in the news. So both countries have a long standing conflict in common and sadly neither conflict seems to have any chance of being resolved.
- CapricornNoble 5y ago>>>but it's likely a direct consequence of the historical conflict in the region. Yeah, the security situations in the 2 countries are VASTLY different. Lebanon has militant Palestinian refugees[1], Hezbollah, Israel, Syria, Iran, and ISIS-adjacent insurgents [2] all regularly killing each other (or Lebanese government forces) in their territory. [1]https://en.wikipedia.org/wiki/Nahr_al-Bared_refugee_camp#2007_conflict https://en.wikipedia.org/wiki/Nahr_al-Bared_refugee_camp#200... [2]https://www.reuters.com/article/us-mideast-crisis-syria-lebanon-idUSKBN1A90JQ https://www.reuters.com/article/us-mideast-crisis-syria-leba...
- deleted 5y ago[deleted]