The Libyan Economy

The Libyan Economy
Author: Waniss Otman
Publisher: Springer Science & Business Media
Total Pages: 480
Release: 2007-05-28
Genre: Political Science
ISBN: 3540464638

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.

Libya since Independence

Libya since Independence
Author: Dirk Vandewalle
Publisher: Cornell University Press
Total Pages: 258
Release: 2018-09-05
Genre: History
ISBN: 1501732366

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.

Labor Market Dynamics in Libya

Labor Market Dynamics in Libya
Author: The World Bank
Publisher: World Bank Publications
Total Pages: 103
Release: 2015-06-24
Genre: Business & Economics
ISBN: 1464805679

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.

A History of Modern Libya

A History of Modern Libya
Author: Dirk Vandewalle
Publisher: Cambridge University Press
Total Pages: 293
Release: 2012-03-26
Genre: History
ISBN: 1107019397

In the wake of the civil war and Qadhafi's demise, the time is ripe for a new edition of Dirk Vandewalle's classic history of Libya. The book, which was originally published in 2006, traces the country's history back to the 1900s, through the Italian occupation in the early twentieth century, the Sanusi monarchy and, thereafter, to the revolution of 1969 and the accession of Qadhafi. The following chapters analyse the economics and politics of Qadhafi's revolution, offering insights into the man and his ideology as reflected in his Green Book. The new edition covers the intervening years, since 2005, when, courted by the West, Qadhafi came in from the cold. At home, though, his people were disillusioned, and economic liberalization came too late to forestall revolution. In an epilogue, the author reflects upon Qadhafi's premiership and the legacy he leaves behind.

Handbook of Research on Sociopolitical Factors Impacting Economic Growth in Islamic Nations

Handbook of Research on Sociopolitical Factors Impacting Economic Growth in Islamic Nations
Author: Ozdemir, Suleyman
Publisher: IGI Global
Total Pages: 495
Release: 2017-07-12
Genre: Business & Economics
ISBN: 1522529403

Over the years, the dissemination of technology across society has increased exponentially. As technology continues to improve worldwide connectivity, positive relations between countries is paramount to achieving cultural and economic progression. The Handbook of Research on Sociopolitical Factors Impacting Economic Growth in Islamic Nations is a pivotal scholarly resource on the current factors impacting international relations between Islamic countries. Featuring extensive coverage on sociopolitical structures, economic sector analysis, sociocultural properties, and political policies, this publication is ideal for academicians, students, and researchers interested in discovering more about the current trends and techniques in the economic infrastructures of Islamic nations.

The Mobility of Displaced Syrians

The Mobility of Displaced Syrians
Author: World Bank
Publisher: World Bank Publications
Total Pages: 293
Release: 2020-01-27
Genre: Business & Economics
ISBN: 1464814023

The war in Syria, now in its eighth year, continues to take its toll on the Syrian people. More than half of the population of Syria remains displaced; 5.6 million persons are registered as refugees outside of the country and another 6.2 million are displaced within Syria's borders. The internally displaced persons include 2 million school-age children; of these, less than half attend school. Another 739,000 Syrian children are out of school in the five neighborhood countries that host Syria's refugees. The loss of human capital is staggering, and it will create permanent hardships for generations of Syrians going forward. Despite the tragic prospects for renewed fighting in certain parts of the country, an overall reduction in armed conflict is possible going forward. However, international experience shows that the absence of fighting is rarely a singular trigger for the return of displaced people. Numerous other factors—including improved security and socioeconomic conditions in origin states, access to property and assets, the availability of key services, and restitution in home areas—play important roles in shaping the scale and composition of the returns. Overall, refugees have their own calculus of return that considers all of these factors and assesses available options. The Mobility of Displaced Syrians: An Economic and Social Analysis sheds light on the 'mobility calculus' of Syrian refugees. While dismissing any policies that imply wrongful practices involving forced repatriation, the study analyzes factors that may be considered by refugees in their own decisions to relocate. It provides a conceptual framework, supported by data and analysis, to facilitate an impartial conversation about refugees and their mobility choices. It also explores the diversified policy toolkit that the international community has available—and the most effective ways in which the toolkit can be adapted—to maximize the well-being of refugees, host countries, and the people in Syria.

World Development Report 2009

World Development Report 2009
Author: World Bank
Publisher: World Bank Publications
Total Pages: 410
Release: 2008-11-04
Genre: Political Science
ISBN: 082137608X

Rising densities of human settlements, migration and transport to reduce distances to market, and specialization and trade facilitated by fewer international divisions are central to economic development. The transformations along these three dimensions density, distance, and division are most noticeable in North America, Western Europe, and Japan, but countries in Asia and Eastern Europe are changing in ways similar in scope and speed. 'World Development Report 2009: Reshaping Economic Geography' concludes that these spatial transformations are essential, and should be encouraged. The conclusion is not without controversy. Slum-dwellers now number a billion, but the rush to cities continues. Globalization is believed to benefit many, but not the billion people living in lagging areas of developing nations. High poverty and mortality persist among the world's 'bottom billion', while others grow wealthier and live longer lives. Concern for these three billion often comes with the prescription that growth must be made spatially balanced. The WDR has a different message: economic growth is seldom balanced, and efforts to spread it out prematurely will jeopardize progress. The Report: documents how production becomes more concentrated spatially as economies grow. proposes economic integration as the principle for promoting successful spatial transformations. revisits the debates on urbanization, territorial development, and regional integration and shows how today's developers can reshape economic geography.

The Economic Development of Libya

The Economic Development of Libya
Author: Bichara Khader
Publisher: Taylor & Francis
Total Pages: 198
Release: 2023-05-31
Genre: Social Science
ISBN: 100094851X

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.

The Libyan Revolution and Its Aftermath

The Libyan Revolution and Its Aftermath
Author: Peter Cole
Publisher: Oxford University Press
Total Pages: 434
Release: 2015
Genre: History
ISBN: 0190210966

This book offers a novel, incisive and wide-ranging account of Libya's '17 February Revolution' by tracing how critical towns, communities and political groups helped to shape its course. Each community, whether geographical (e.g. Misrata, Zintan), tribal/communal (e.g. Beni Walid) or political (e.g. the Muslim Brotherhood) took its own path into the uprisings and subsequent conflict of 2011, according to their own histories and relationship to Muammar Qadhafi's regime. The story of each group is told by the authors, based on reportage and expert analysis, from the outbreak of protests in Benghazi in February 2011 through to the transitional period following the end of fighting in October 2011. They describe the emergence of Libya's new politics through the unique stories of those who made it happen, or those who fought against it. The Libyan Revolution and its Aftermath brings together leading journalists, academics, and specialists, each with extensive field experience amidst the constituencies they depict, drawing on interviews with fighters, politicians and civil society leaders who have contributed their own account of events to this volume.