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Rafiq Hariri International Airport in Beirut reopened, and efforts revive the Lebanese economy were to begin once more. Major inv tors in the reconstruction of

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Rafiq Hariri International Airport in Beirut reopened, and efforts revive the Lebanese economy were to begin once more. Major inv tors in the reconstruction of Lebanon included the European Un and Saudi Arabia as well as many other countries across the wor Lebanon's recent economic history has been a series of instances taking one step forward and two steps back, yet there is still prom for a bright future if peace can be maintained. Toward achieving its targets, Lebanon has received external s port as well. International support in humanitarian programs victim-assistance programs have been significant. Moreover, there external contributions and involvements in the reconstruction of L anon. Since 2006, the United States alone has provided more than billion in bilateral foreign assistance. In addition to this, the Uni States has also provided $1.8 billion in humanitarian assistance support Lebanese assistance for Syrian refugees). Since 2008, United States has funded over $170 million in basic education p grams and an additional $160 million in higher education program From an internal perspective, liberalization of the econor investment, and business activities are confronted by other ch lenges. Intrusive bureaucracy and chaotic regulatory regimes sl down local businesses and discourage foreign investment. Besid fair adjudication of property rights is not guaranteed because Lebanese courts are subject to significant influence from Leban security services, the government, and even the police. More imp tantly, in order to create a productive and stable business enviro ment, it is essential for Lebanon to work diligently on improv its ability to stamp out fraud; for example, Lebanon has recen adopted new laws to combat money laundering. Thinking Globally4-18. How do you think the transition to a normal economy in Lebanon after the war in 2006 differs from the experiences of European countries after World War II? 4-19. The Lebanese government prohibited all imports from Israel. Discuss the socioeconomic aspects of this decision

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