HomeContact Site map   Google    www    iipm think tank
   
   
  Home > Scrutiny > International Issues > Le'-Ban-On Tours   
   
     
   Case Studies  
       
  Marketing    
  Human Resource    
  Information Technology    
  Finance    
  Strategy    
       
 
     
   Industries  
       
  Steel    
  Glass    
  Banking    
  Prophylactic    
  Auto    
  Hospitality    
  Energy    
       
 
     
   Other links  
       
  IIPM    
  Planman Consulting    
  Planman Marcom    
  Planman Technologies    
  Daily Indian Media    
  Planman Financial    
  4P's Business and Marketing    
  Business and Economy    
  The Daily Indian    
  The Sunday Indian    
  Arindam Chaudhuri    
  GIDF    
  Kkoooljobs    
       
 
  
         
International Issues
  
L A B A N O N  : T O U R S I M
Le'-Ban-On Tours
The country's tourism suffers

   WMissiles that targetted the belly...ar leaves back its memories, the impact of which is felt even long after the memory of the war has faded from the mind. Nothing could have described the plight of the tourism- based Lebanese economy than this. The fragile economy, which was resurrecting itself from the aftermath of a 15-year-long civil war, was crushed again under the weight of a month-long Israeli adventure against the Hezbollah. The war not only took many lives and wounded even more, but also made it sure that for a long time to come, tourists would not make the exotic Lebanon their destination. Nearly 25% of Lebanese GDP depended on tourist influx; and the revenue, along with the employment it generated for several Lebanese, was phenomenal. Yet, it isn’t just about the 34-day war. Even before the war, Lebanon had plunged into one of the worst political crisis in recent times with the assassination of its former Prime Minister, Rafik Hariri, in early 2005. Lebanon today is the perfect illustration of the misery that a war leaves behind for the people who were spared from being killed and thought it as a blessing. A country whose public debt is 209% of GDP, external debt is $31 billion and unemployment rate is 20%, almost has no solace in sight.



  
 
 
 
 
       
Home | Scrutiny | Publications | About us | Contact us
Copyright @2010 iipm think tank. All rights reserved.