Keywords: inherited leadership, political dynasties, nepotism, Lebanon, business environment, business formation, unfair competition
Leadership as a family affair: case of Lebanon
This paper discusses the current spread of 'political dynasties', the tactics used to perpetuate them, and their impact on the business environment. Political dynasties are a form of 'camouflaged royalty'; they dominate the political arena and usually have dire effects on people's right to a fair representation, in addition to negatively impacting business formation through unfair competition. Leadership as a family affair is analysed by using several examples from the West and the Middle East, with a special focus on Lebanon. Recommendations are made for reducing the dominance of political dynasties.