Flourish or Perish: Managing a State-Owned Tobacco Monopoly in Times of Crisis
摘要
This chapter bridges economic theory and real-world applications, using the Régie Libanaise des Tabacs et Tombacs (RLTT) as a case study to examine Lebanon’s tobacco market over the past decade. It explores how the RLTT navigated Lebanon’s volatile institutional landscape, demonstrating adaptability as a key factor in sustaining operations during crises. The analysis highlights the strategic use of the political factors—particularly the connection between political Shi’ism and tobacco—which played a crucial role in sustaining RLTT’s growth and economic efficiency amid institutional failures.