Is Lebanon Technologically Ready to Tackle Growth?

In March 2017, The Economist reported that Intel, the giant American chipmaker, paid $15.3 billion for Mobileye, an Israeli firm at the forefront of developing autonomous-car technology. The deal was not the first to involve an Israeli tech firm attracting foreign buyers, but it was the biggest yet. The Mobileye acquisition is an example of how Israel’s technological edge has strengthened its economy, and a reminder of the crucial role that technology and production efficiency play in the growth process of any economy today.