Lebanon and Globalization

Topics: Lebanon, Middle East, Israel Pages: 5 (1757 words) Published: April 6, 2013
Country Case Report
INTB 3352
Long Lee

Lebanon and Globalization
Globalization was introduced to the world as a new philosophy, through which countries are shaped as a developed or developing countries. Lebanon is a country in the East Mediterranean, to its north and east it is boarded by Syria and Palestine is to its south. Its location at the intersection of the Mediterranean and the Arabian vicinity contributed to shape its culture and gives it a crucial trade role between countries. This unique location and the social and political orientation give Lebanon a unique role among Arab and the Middle Eastern countries. Lebanon is a country of contradictions. Its Society is composed of many ethnicities and religions; all of which have a say within the government politics. Although, it is very small country, it has diverse political group which sometimes creates conflicts within the country. Even though Lebanon encountered lots of wars throughout its history, it still tries to follow the pace of globalization and shape itself as one of the developed economies. Lebanon is a country known for its wide and open relationships with the rest of the world. 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 Lebanon. Lebanese government encourages good relations with almost all countries except for Israel. This is due to Lebanon’s unique political system where by each faction plays a specific role in the government. This makes it hard for the government to maintain good relation with all countries. Overall, when looking at Lebanon from the game theory perspective, Lebanon facilitates cooperation; it would fall under the prisoner’s dilemma game, because cooperation is based upon who is the country Lebanon is cooperating with. Lebanon is fairly new to globalization; however it is taking steps towards cooperating with other countries; trying to identify where it falls when measuring globalization. In October 2000, a serious step was taken by Prime Minister Hariri and his team to fulfill the government’s vision is an open and free country in terms of capitalism; which involve taking the country’s economy in to the 21st century. This step requires modernization, less regulation and government interference, in addition to liberalization and global incorporation (Kendirjian 68). Although this big jump for a modernized economy, the government still takes action when needed; its power is not decline which is why Lebanon is considered to be a transformationalist country. Lebanon falls under the outliers’ perspective because when looking at it from the winners and losers perspectives, to become a winner there, a person needs an opportunity that allows him to succeed. 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...

Cited: Abla, Randa Farid. Globalization and its effects on the Mena regin: Special Emphasis on Lebanon. American University of Beirut. 2001. http://hdl.handle.net/10938/6063
Kendirjian, Raffi Haig, Globalization and its implications to the Arab economies with special emphasis on Lebanon. American University of Beirut. 2002. http://hdl.handle.net/10938/6341
Abi-Habib, Charles Kheir. Globalization of the Lebanese industrial sector competitiveness.American University of Beirut. 2004. http://hdl.handle.net/10938/6663
World Economic Form’s The Global Competitiveness Report 2009-2010 provides reports and ranking. http://www.weforum.org/en/initiatives/gcp/Global%20Competitiveness%20Report/index.htm
Al-Khouri, Riad, Future of democracy in Lebanon. Unidad de Investigacion sobre seguridad y cooperacion Internacional (UNISCI). 2009. http://hdl.handle.net/123456789/24606
The World Bank’s country reports http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/0,,pagePK:180619~theSitePK:136917,00.html
The Heritage Foundation’s Index of Economic Freedom
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