The Libyan Economy

Author : Waniss Otman,Erling Karlberg
Publisher : Springer Science & Business Media
Page : 480 pages
File Size : 55,8 Mb
Release : 2007-05-28
Category : Political Science
ISBN : 9783540464631

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The Libyan Economy by Waniss Otman,Erling Karlberg Pdf

This book delivers a thorough and essential analysis of current economic policy, transformation and legislative changes in Libya. The authors answer many questions about Libya’s distinctive society and economic system and explain the necessity for the major restructuring of the Libyan economy which is currently in process. The book makes extensive use of previously unavailable economic and social data and thus allows a unique insight into a fascinating country.

Author : Bichara Khader,Bashir El-Wifati
Publisher : Taylor & Francis
Page : 198 pages
File Size : 51,8 Mb
Release : 2023-05-31
Category : Social Science
ISBN : 9781000948516

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The Economic Development of Libya by Bichara Khader,Bashir El-Wifati Pdf

Libya has been one of the most remarkable of the Arab oil producers. It has combined an aggressive foreign policy, a domestic political revolution and extraordinary economic growth over the last decade. This book focuses on the development of the Libyan economy over this period. In the boom years of the oil market Libya’s revenues exploded. With the current decline of Arab oil revenues many of the projects undertaken then now look less realistic. The book surveys both the structural developments in the Libyan economy and the experience of individual sectors. It considers the potential for industrial development and the prospects for agriculture both in terms of natural resources and political commitments. The book also examines developments in the service sector, especially banking. Although it recognises the acute problems of the Libyan economy, the book is broadly optimistic for prospects through to the year 2000. First published in 1987.

Author : Rawle Farley
Publisher : New York : Praeger Publishers
Page : 830 pages
File Size : 45,5 Mb
Release : 1971
Category : Libya
ISBN : UCAL:B4217584

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Planning for Development in Libya by Rawle Farley Pdf

Economic research study of economic planning for economic development in a capital-surplus economy, with particular reference to Libyan Arab Jamahiriya and the effect thereon of the rapid development of the petroleum industry - covers obstacles to development resulting from geographical aspects of the country, human resources, education, educational planning to meet labour shortages of skilled workers, the evolution and methodology of national planning, socialist trends, etc. Bibliography and statistical tables.

Author : The World Bank
Publisher : World Bank Publications
Page : 100 pages
File Size : 42,5 Mb
Release : 2015-06-24
Category : Business & Economics
ISBN : 9781464805677

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Labor Market Dynamics in Libya by The World Bank Pdf

Since the 2011 uprising that toppled the former regime, Libya has been mired in deep political strife. An economy in which agriculture once flourished was converted wholesale to an oil-based rentier state of the most extreme kind. Following the immediate post-revolution oil-consumption boom, in 2014 Libya's economy is in recession. Security is the greatest challenge to stability (World Bank 2014). Today, limited opportunities exist for reintegrating youth and ex-combatants into the labor market. This policy note provides an initial assessment of Libya's labor market and discusses policy options for promoting employability as part of a broader jobs strategy. It is intended as a contribution to evidence on Libya's labor market for the benefit of policy makers, civil society and the broader international community. The report finds that the overall unemployment rate in Libya increased from 13.5 percent in 2010 prior to the uprising to 19 percent as of 2012, having changed little since then. Youth unemployment stands at approximately 48 percent and female unemployment 25 percent. The vast majority (85 percent) of Libya's active labor force is employed in the public sector, a high rate even by regional standards. The rate for women is even higher (93 percent). Employment in industry (largely the oil sector) and agriculture accounts for only 10 percent of the labor force. While nearly all public sector workers are covered by some form of social insurance, only 46 percent of private sector workers are enrolled - a striking difference. The report further discusses the implications of Libyan jobseeker profiles. Thirty percent of firms have reported difficulty in recruiting qualified Libyan nationals. Only 15-30 percent of Libya’s labor force is relatively skilled and likely could be hired readily if given access to basic job training and job search assistance. For the remainder of the unemployed work force, targeted interventions would need to be designed for advanced skills development, vocational training, reconversion, and apprenticeship and entrepreneurship programs. The report discusses options for shifting Libya from a rentier state to a diversified, productive economy through economic and technical partnerships to help accelerate creating economic opportunities and jobs.

Author : J.A. Allan
Publisher : Routledge
Page : 182 pages
File Size : 48,5 Mb
Release : 2014-10-24
Category : Social Science
ISBN : 9781317597988

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Libya Since Independence (RLE Economy of Middle East) by J.A. Allan Pdf

Since its independence in 1951, Libya has experienced rapid economic and social change. Many of these developments, though dramatic, have not been comprehensively documented until now. One of the problems that Libya has had to face has been the absorption of burgeoning oil revenues, and here the Libyan experience accords with that of other oil-rich states. The country has embarked on ambitious policies based on oil wealth; this book charts the development of traditional agricultural way of life, and the growth of new industrial projects and transport systems. The effect of Libya’s new wealth on its social and political systems is also considered in detail. In conclusion, the importance of Libya’s frontiers are discussed; although Libyan international interests have been wide-ranging in recent years, its real external interests are to extend its natural resource base, for its future developments will be founded on Libya’s perception of its territorial entitlement. First published in 1982.

Author : Dirk Vandewalle
Publisher : Cornell University Press
Page : 258 pages
File Size : 48,6 Mb
Release : 2018-09-05
Category : History
ISBN : 9781501732362

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Libya since Independence by Dirk Vandewalle Pdf

Although Libya and its current leader have been the subject of numerous accounts, few have considered how the country's tumultuous history, its institutional development, and its emergence as an oil economy combined to create a state whose rulers ignored the notion of modern statehood. International isolation and a legacy of internal turmoil have destroyed or left undocumented much of what researchers might seek to examine. Dirk Vandewalle supplies a detailed analysis of Libya's political and economic development since the country's independence in 1951, basing his account on fieldwork in Libya, archival research in Tripoli, and personal interviews with some of the country's top policymakers. Vandewalle argues that Libya represents an extreme example of what he calls a "distributive state," an oil-exporting country where an attempt at state-building coincided with large inflows of capital while political and economic institutions were in their infancy. Libya's rulers eventually pursued policies that were politically expedient but proved economically ruinous, and disenfranchised local citizens. Distributive states, according to Vandewalle, may appear capable of resisting economic and political challenges, but they are ill prepared to implement policies that make the state and its institutions relevant to their citizens. Similar developments can be expected whenever local rulers do not have to extract resources from their citizens to fund the building of a modern state.

Author : Aminur Rahman,Michele Di Maio
Publisher : World Bank Publications
Page : 93 pages
File Size : 47,6 Mb
Release : 2020-12-30
Category : Business & Economics
ISBN : 9781464816444

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The Private Sector amid Conflict by Aminur Rahman,Michele Di Maio Pdf

Libya’s economic stability should be a priority for the international community. Although the private sector is an integral part of the Libyan economy, limited systematic information is available on how the prolonged conflict in Libya affected the private sector and the implications for a postconflict recovery. Using original survey data, The Private Sector amid Conflict aims to fill this gap by analyzing how the private sector has coped with the conflict and examining resilience and postconflict optimism. The conflict has profoundly affected the Libyan private sector. The conflict-induced macroeconomic crisis has generated a liquidity crisis, weakening the banking sector. Firms’ revenues, jobs,and production have been reduced and value chains have been disrupted. The conflict has distorted the business environment, undermining the rule of law, reducing accountability, and affecting service delivery. Not all fi rms have been negatively affected, however. The conflict-induced changes to competition, access to inputs and markets, innovations, and informal activities tend to affect different types of fi rms differently. Overall, the private sector shows signs of resilience and optimism for a postconflict recovery. The analysis in the book draws on novel data and other conflict experiences. The results presented offer suggestions for policy actions to address private sector constraints amid conflict and in the postconflict era.

Author : Judith Gurney
Publisher : Unknown
Page : 264 pages
File Size : 45,7 Mb
Release : 1996
Category : Business & Economics
ISBN : STANFORD:36105019532717

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Libya, the Political Economy of Oil by Judith Gurney Pdf

Both the performance and the potential of Libyan Oil warranted the need for this research into the energy policies of the current regime. The author surveys the historical and geological determinants of oil development. The impact of the central government and the Libyan National Oil Company on current exploration and development is studied closely providing insight into why some foreign companies have stayed in Libya and why some others have joined them. Pricing policies and efforts at furthering downstream integration, in Libya and in Europe, are dealt with in detail. The effect of national development plans on oil policy and the consequences of continued US and UN sanctions are both investigated thoroughly.

Author : Keith Stanley McLachlan,Edith Tilton Penrose
Publisher : London : F. Cass
Page : 248 pages
File Size : 48,9 Mb
Release : 1973
Category : Agricultural geography
ISBN : WISC:89034709915

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Libya: Agriculture and Economic Development by Keith Stanley McLachlan,Edith Tilton Penrose Pdf

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 28 pages
File Size : 48,7 Mb
Release : 2012-04-16
Category : Business & Economics
ISBN : 9781475524130

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Libya Beyond the Revolution by International Monetary Fund Pdf

In the aftermath of the revolution of 2011, Libya faces the complex task of rebuilding its economy, infrastructure, and institutions, and responding to the demands of the population, especially for improved governance. The conflict that accompanied the revolution had a severe impact on the economy, and international financial institutions have responded to the request of the Libyan authorities to provide policy consultations and technical assistantce to help maintain macroeconomic stability. Libya's National Transitional Council (NTC) has taken steps to promote a peaceful political transition, normalize economic conditions, and set out a national reform agenda. In the short term, the authorities must restore security, bring hydrocarbon production fully online, exercise fiscal discipline, resuscitate the banking system, and maintain macroeconomic stability. Medium-term efforts should focus on capacity building, infrastructure renewal, private-sector development, improving education, job creation, and putting in place an effective social safety net, within a framework of transparent and accountable governance. This paper discusses the risks to economic recovery and measures to promote economic diversification and employment growth.

Author : Christopher S. Chivvis,Jeffrey Martini
Publisher : Rand Corporation
Page : 117 pages
File Size : 44,5 Mb
Release : 2014-03-18
Category : Biography & Autobiography
ISBN : 9780833084897

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Libya After Qaddafi by Christopher S. Chivvis,Jeffrey Martini Pdf

This report assesses the challenges facing Libya since the overthrow of the Qaddafi regime and evaluates the impact of the limited international role in efforts to overcome them. It also sketches possible future roles for the international community.

Author : Stephen J. King
Publisher : Cambridge University Press
Page : 343 pages
File Size : 50,6 Mb
Release : 2020-02-13
Category : History
ISBN : 9781108477413

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The Arab Winter by Stephen J. King Pdf

Compares experiences of the Arab Spring for a comprehensive account of how nations handled the challenge of democratic consolidation.

Author : D. Vandewalle
Publisher : Springer
Page : 267 pages
File Size : 51,8 Mb
Release : 2016-04-30
Category : Political Science
ISBN : 9780230613867

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Libya since 1969 by D. Vandewalle Pdf

This edited volume provides the first fully comprehensive evaluation of Libya since the Qadhafi coup in 1969. Throughout the different chapters the authors explore the rise of the military in Libya, the impact of its self-styled revolution on Libyan society and economy.

Author : J.A. Allan,K.S. McLachlan,Edith T. Penrose
Publisher : Routledge
Page : 240 pages
File Size : 41,5 Mb
Release : 2015-05-08
Category : Social Science
ISBN : 9781317593669

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Libya: Agriculture and Economic Development (RLE Economy of Middle East) by J.A. Allan,K.S. McLachlan,Edith T. Penrose Pdf

Oil revenues have made Libya rich since 1961, when oil exports began. This new wealth has affected all sectors of the economy and especially the agricultural sector; there have been considerable movements of population, changes in the use of land, and, possibly most important, there has been a profound change in the expectations of the Libyan people. Agriculture was the major contributor to GDP before oil and even in 1968 it was still the major sector in terms of employment, occupying 32 per cent of the employed population; as such it has always been given prominence in government planning. This study begins by introducing the major economic and geographical features relevant to agricultural development and examines the extension of agricultural activity in the twentieth century, prior to independence in 1951. The later chapters deal with the changes which have taken place since the discovery of oil with respect to land use in all parts of Libya, and deals in detail with agricultural investment and wages. First published in 1973.

Author : Ali Elfadli
Publisher : Walter de Gruyter GmbH & Co KG
Page : 148 pages
File Size : 52,8 Mb
Release : 2019-09-23
Category : Business & Economics
ISBN : 9783110602111

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Corporate Governance of Banks in Libya by Ali Elfadli Pdf

This book represents a response to a relative lack of academic research into corporate governance and especially corporate governance disclosure in the Middle East and North Africa (MENA). Specifically, the author explores recent developments in corporate governance disclosure produced by Libyan commercial banks. Along with other corporate governance mechanisms, disclosure plays an essential role in discharging accountability to and protecting shareholders, enhancing corporate performance and reducing the risk of financial crises. In order to improve corporate governance disclosure, it is necessary to understand the context in which it takes place. The MENA countries have unique characteristics, and those involved in the Arab Spring have been affected in different ways. This book provides up to date research into corporate governance disclosure in the context of Libya following the Arab Spring. The banking sector plays a crucial role in the Libyan economy and has specific characteristics which make corporate governance more important than in other sectors, yet research in this sector is rare. Furthermore, the banking sector in Libya has seen significant corporate governance reforms in recent years. As one of the most significant oil producing countries, Libya’s political and business environments have been dramatically affected by the Arab Spring. The author discusses how banks have responded to these reforms and the ways in which their corporate governance disclosure has evolved.