Faculty and Staff

Dr. Elias Al Ashkar


Elias El Achkar is an Adjunct Assistant Professor of Economics and Finance at the Lebanese American University. He is also the director of the Economic Research and Statistics department at the Association of Banks in Lebanon. He received his PhD in Economics in 2004 from University of Leeds in the United Kingdom. His research interests include financial crisis management and resolution, monetary and exchange rate policies in dollarized and MENA economies, Fintech, and digital money. His articles and book chapters have appeared in international journals such as Journal of Banking Regulation (Palgrave Macmillan) and reputable book publishing companies such as Routledge (Taylor & Francis), and Springer.

Teaching Interests

Research Interests

Selected Publications

Banking and Monetary Policies in a Changing Financial Environment: A regulatory approach, (with Wassim Shahin), Routledge International Studies in Money and Banking, 2017.

“Prospects for Monetary Coordination in the Mediterranean Region: More or Larger Monetary Unions?” (with Wassim Shahin), in Financial Integration: A Focus on the Mediterranean (Edited by Tina Marga Peeters, Nidal Sabri and Wassim Shahin), Springer Publishers, 2013.

The Impact of Monetary Policy and Financial Sector Development on Economic Growth in GCC Countries”, (with Wassim Shahin), in GCC Financial Markets: The World’s New Money Centers, by Eckart Woertz (editor), Gerlach Press, 2012.

The Monetary Impact of Regulating Banking and Financial Sectors by FATF on Non-Cooperative Countries and Territories”, (with Wassim Shahin and Rana Shehab), Journal of Banking Regulation, January, 2012.

“Exchange Rate Arrangements and Price Stability in MENA Countries” (with Wassim Shahin), in Monetary Policy and Central Banking in the Middle East and North-Africa, by David Cobham and Ghassan Dibeh (editors), Routledge-Courzon, 2009.