In Washington for meetings at the International Monetary Fund, Lebanese economist and advisor to the Ministry of Fiannce Toufic Gaspard addressed a group of policymakers on the economic opportunities for non-oil Arab countries in the wake of the recent uprisings. He argued for a reform of policies and a stronger state that would implement policies to enhance the private sector.

A slow tourist season, and a tumultuous political environment, have dealt a blow to the rapid economic growth that Lebanon has been witnessing since 2010.

This time of year, Lebanese businessmen usually brace themselves for what they hope to be will be a good season for them and, more broadly, for the economy. Tourists begin flooding into the country and resorts reach full occupancy. This year, however, may be different. Regional upheavals have sent tourists venturing into other regions.