Lebanon’s area is ranked 170th in the world (CIA, 2014). It is smaller than the size of Connecticut, one of the smallest states in in America. Moreover, Lebanon is one of the few democratic countries in the middle East region. re its economy, Lebanon is a free make public economy and has a certainly long tradition of laissez-faire economics. In auxiliary to its coastal location upon the Eastern Mediterranean coast, Lebanon is considered as the central ‘window’ of the middle East to Europe, North Africa, and the descend of the world. Because of this, its economy has gone through some definitely prosperous time and was even as soon as called the ‘Paris’ of the middle East past the nation’s 15 year-long bloody civil engagement which done in 1990.
Also, although Lebanon is tiny, it is tourist videos with one of the most diverse nations in the world. Christians, Muslims, Druze, and supplementary minority sects are improve all greater than the little nation and even Lebanon’s political system is based upon sectarian talent sharing.
However, this diversity had played a pivotal role in the nation’s problems. This diversity was a vital condition of the country’s sectarian civil clash and currently plays an important role in its diplomatic paralysis, although further factors (mainly foreign) are to blame as well. There is currently no acting President and the country’s challenger diplomatic parties keep bickering and preventing rather than facilitating the country’s development.
Furthermore, Lebanon’s proximity to Israel has made it a foreign policy/proxy battleground for foreign nations, each using Lebanon for its own greedy ends.
The sad embassy realities of the country have significantly hurt the country’s economy. Also, in the past Lebanon is a service-based economy, this particular sector has taken the largest hit.