The immediate challenges of Lebanon’s post-civil war period were to reconstruct the country’s social and economic infrastructure and to institutionalize the political reforms agreed to at Ṭāʾif. The destruction necessitated a sweeping program of reconstruction, which was largely undertaken by Prime Minister Rafic al-Hariri following his appointment to the post after the 1992 parliamentary elections. Hariri’s reconstruction plan, designed to revive the economy and reestablish Lebanon as a financial and commercial centre in the region, achieved the initial stabilization of the value of the Lebanese pound and succeeded in raising significant foreign capital on European bond markets, albeit at high ...(100 of 17989 words)