Results for Tag: Lebanon
With Lebanon hosting well over a million refugees, Labaki said that the sights of begging street children compelled her to produce a film about their daily reality. Motivated to expose their ordeal, Labaki spent four years building relationships with Beirut’s most marginalized families. On her journey, she saw the dark confines where refugees and undocumented persons languish.
Lebanon has a free-market economy and a strong laissez-faire commercial tradition. The government does not restrict foreign investment; however, the investment climate suffers from red tape, corruption, arbitrary licensing decisions, complex customs procedures, high taxes, tariffs, and fees, archaic legislation, and inadequate intellectual property rights protection.
Israel has a technologically advanced free market economy. Cut diamonds, high-technology equipment and pharmaceuticals are among its leading exports. Its major imports include crude oil, grains, raw materials and military equipment. Israel usually posts sizeable trade deficits, which are offset by tourism and other service exports, as well as significant foreign investment inflows.
In addition to addressing its current fiscal woes, Bahraini authorities face the long-term challenge of boosting Bahrain’s regional competitiveness — especially regarding industry, finance, and tourism — and reconciling revenue constraints with popular pressure to maintain generous state subsidies and a large public sector.
Declining oil prices have also reduced the government’s ability to use state-driven growth to distribute rents and fund generous public subsidies, and the government has been under pressure to reduce spending. Over the past three years, the government has enacted incremental increases in some taxes, resulting in modest increases in prices for gasoline, cigarettes, alcohol, and certain imported goods, but it has refrained from reducing subsidies, particularly for education, healthcare, and housing programs.