Discover Global Society (Oct 2024)

Macroeconomic impact of forced migration on Lebanon with a focus on labor market dynamics and policy strategies for sustainable economic growth

  • Mohamad Zreik

DOI
https://doi.org/10.1007/s44282-024-00093-1
Journal volume & issue
Vol. 2, no. 1
pp. 1 – 13

Abstract

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Abstract This article explores the profound macroeconomic consequences of forced migration on Lebanon's economy, with a specific focus on labor market dynamics. Drawing from extensive research and analysis, the study examines the factors driving migration, its impacts on the labor market, and the resultant economic challenges. It delves into the wage disparities, employment rates, and the informal sector's expansion due to the influx of migrants. The article also evaluates existing public policies and proposes strategic interventions aimed at fostering migrant integration and promoting sustainable economic growth. By addressing these critical issues, the forced aims to provide comprehensive policy recommendations to mitigate the adverse effects of forced migration and enhance Lebanon's economic resilience.

Keywords