After practicing law for a short period, in around 1939, he participated in and won a government-funded competition which enabled him to travel to Paris with a scholarship to study at the Sorbonne University, where he obtained a PhD in Economics.
(BAPP, Feb 3 1961) Dr. Traboulsi was described as "the businessman's hope and disciple of free economy" and his resignation a sign of impending currency control.
(Economist, Feb 18 1961)[6] On October 8, 1961, it was announced that the cabinet had formed a 13-man committee on economic and financial reform under the chairmanship of Dr. Izzat Traboulsi.
Oct 10, 14 1961)[6] At the same time Dr. Awad Barakat, the Syrian Minister of Economy, said that the government favored Dr. Traboulsi's endorsement of free trade and fair competition, however, the parliament would have to deal with the question of whether nationalization should be repealed.
On 2 April 1962, a counter coup placed Nazim al-Kudsi Head-of-State and Khalid al-Azm Prime Minister – who opposed the union with Egypt arguing that Nasser would destroy Syria's democratic system and free market economy.
Al-Kudsi and Al-Azm, allied with former president Shukri al-Quwatli, attempted to purge pro-Nasserist elements that were still permeating within the Syrian government, and reverse the austere program of nationalization instituted by Nasser.
Later, in around 1972, he composed the financial structure of the United Arab Emirates Central Bank at the request of Sheikh Zayed bin Sultan Al Nahyan.
“Studies of public finances”, in conjunction with former Syrian Minister Awad Al-Barakat, which includes Dr. Traboulsi’s political and economic development in Syria.