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It promotes cooperation with other countries. This could be seen through Lebanon’s liberal and open economy. “Lebanon is known for its liberal and open economy. It is a country with a tradition of deep and wide ranging interactions with the rest of the world. Money and goods have moved freely in and out of Lebanon” (Farid Abla 46).
Lebanese people are knowledgeable about global standards; almost everyone in Lebanon speaks at least two languages; it is a center for three language zones. An English-speaking zone, where Lebanese consider themselves experts because they master the language. The second is the Arabic speaking zone which links Lebanese with other Arab countries. The third zone is the French speaking zone; Lebanese law is a French law, also any Lebanese lawyer can practice law in France. (Abi-Habib 25). This makes it easy for foreign individuals or companies to come to …show more content…
Even though a person may be talented and rational, he or she will not succeed unless the get the right opportunity that will give them the chance to become winners. The government gives companies and individuals the opportunity to do their own business and interact with others to succeed. In addition, Lebanon attracted a lot of immigrants from the Middle East to come live in Lebanon for the freedom of speech and the liberal economy Lebanon has. “Lebanon could also be considered as an early globalized country, not only due to Lebanese immigrants, but also due to foreign immigrants coming to live in Beirut and its suburbs. More specifically, many families migrated to Lebanon from the rest of the Middle East like Palestine, Syria, Egypt, Irak and Armenia. These families were pushed out of their countries by the many regional conflicts originating from their authoritarian regimes and social unrest and by the prosperity on the Lebanese territories” ( Abi-Habib …show more content…
The competition for resources and power among political groups led in the past to a civil war in Lebanon. Also, having paramilitary group within Lebanon threatens Lebanon’s society and its economy at all times. Conflicts between the political parties in Lebanon disrupt the economic development of the country. An example of this is the murder of the former Prime Minister Hariri in 2005, in addition to Hezbollah’s war with Israel in 2006, which lead to a huge conflict between Lebanese political parties, “Lebanon’s economy and political stability were set back by the Hezbollah-instigated conflict with Israel in 2006 and by tensions between the government and Hezbollah and other factions supported by Syria and Iran” (The Heritage Foundation’s Index of Economic Freedom
Lebanese people are knowledgeable about global standards; almost everyone in Lebanon speaks at least two languages; it is a center for three language zones. An English-speaking zone, where Lebanese consider themselves experts because they master the language. The second is the Arabic speaking zone which links Lebanese with other Arab countries. The third zone is the French speaking zone; Lebanese law is a French law, also any Lebanese lawyer can practice law in France. (Abi-Habib 25). This makes it easy for foreign individuals or companies to come to …show more content…
Even though a person may be talented and rational, he or she will not succeed unless the get the right opportunity that will give them the chance to become winners. The government gives companies and individuals the opportunity to do their own business and interact with others to succeed. In addition, Lebanon attracted a lot of immigrants from the Middle East to come live in Lebanon for the freedom of speech and the liberal economy Lebanon has. “Lebanon could also be considered as an early globalized country, not only due to Lebanese immigrants, but also due to foreign immigrants coming to live in Beirut and its suburbs. More specifically, many families migrated to Lebanon from the rest of the Middle East like Palestine, Syria, Egypt, Irak and Armenia. These families were pushed out of their countries by the many regional conflicts originating from their authoritarian regimes and social unrest and by the prosperity on the Lebanese territories” ( Abi-Habib …show more content…
The competition for resources and power among political groups led in the past to a civil war in Lebanon. Also, having paramilitary group within Lebanon threatens Lebanon’s society and its economy at all times. Conflicts between the political parties in Lebanon disrupt the economic development of the country. An example of this is the murder of the former Prime Minister Hariri in 2005, in addition to Hezbollah’s war with Israel in 2006, which lead to a huge conflict between Lebanese political parties, “Lebanon’s economy and political stability were set back by the Hezbollah-instigated conflict with Israel in 2006 and by tensions between the government and Hezbollah and other factions supported by Syria and Iran” (The Heritage Foundation’s Index of Economic Freedom