Definitions by JHRLeb
LYI
The Lebanese Youth Indicator (LYI), formulated by Jihad El Hokayem in 2020 through Rethinking Lebanon, is a forward-looking leading socioeconomic indicator that assesses and anticipates Lebanon’s economic trajectory through the sentiment, agency, expectations, and active participation of Lebanese youth, both residents and diaspora. It is based on the premise that young people’s forward-looking decisions may provide an early and sensitive signal of economic change before it becomes fully visible in conventional macroeconomic statistics.
Lebanese Youth Indicator (LYI)
LYI is the Lebanese Youth Indicator. It aims at measuring how healthy the socio-economic situation in Lebanon is based on the access of the competent and independent Lebanese youth to decision making roles. It also considers other factors revolving around the role of the Lebanese youth in reviving the struggling Lebanese economy, reversing the corrupt political scene, and the aching society. The indicator looks into both the resident Lebanese youth and the Diaspora across the world.
The indicator was formulated by Jihad El Hokayem as part of his endeavor Rethinking Lebanon on the back of the crisis in Lebanon that surged in Q1 2020.
The indicator was formulated by Jihad El Hokayem as part of his endeavor Rethinking Lebanon on the back of the crisis in Lebanon that surged in Q1 2020.
Q: How one knows whether the economy of Lebanon recovered?
A: The Lebanese economy recovers when the Lebanese Youth Indicator (LYI) reflects an active and leading role of the Lebanese Youth in the country.
A: The Lebanese economy recovers when the Lebanese Youth Indicator (LYI) reflects an active and leading role of the Lebanese Youth in the country.
Lebanese Youth Indicator (LYI) by JHRLeb March 29, 2021