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The Economic Development of Libya
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.
Economic Development in the Middle East
Despite its oil resources,the Middle East is falling behind other regions of the developing world, notably the countries of East and South East Asia. Rodney Wilson examines the economic prospects for the region considering: *the consequences of rapid population growth, including the implications for education and employment; *low savings levels; *the absence of significant inflows of private capital and foreign investment; *fragmentation of the banking system; *the basic ecomomic infrastructure and the problems caused by excessive military expenditure; *falling oil prices; *budget deficits; The author examines alternative economic directions for the region arguing that both the methods and goals of development have to be reassessed in a region where Islam prevails.
Libya
This book examines the socioeconomic and political development of Libya from earliest times to the present, concentrating in particular on the four decades of revolutionary rule which began in 1969. Focusing on the twin themes of continuity and change, Ronald Bruce St John emphasises the full extent to which the revolutionary government has distorted the depth and breadth of the post-1969 revolution by stressing policy change at the expense of policy continuity. Following a brief look at pre-independence Libya, the author explores the way in which the fragility of the post-independence state, unable to contain rising Arab nationalist struggles and growing economic expectations, opened the wa...
Historical Dictionary of Libya
Of all the countries in North Africa and the Middle East, less has been known about Libya for decades. Only recently have we begun to appreciate the complexity of Libya’s turbulent past, including the revolution in 2011 in which demands for better living conditions and more job opportunities led to widespread protests. When the Muammar al-Qaddafi regime responded with force to these peaceful protests, killing scores of unarmed civilians, the protesters called for regime change. In what came to be known as the February 17 Revolution, the 42-year-old Qaddafi regime was overthrown, and Qaddafi was killed in October 2011. Over the next decade, Libya endured a series of interim, transitional go...
Libya since Independence
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...
Economic Development in the Middle East, 2nd edition
By examining economic development in the Middle East in the aftermath of the Arab Spring, this textbook introduces undergraduate and postgraduate students to the most pressing and topical economic issues in the contemporary Middle East. With comprehensive coverage of the entire region, the author examines the economic prospects for the Gulf and charts the growth of economic power in the region. Organised thematically, a full range of topics are discussed, including: the role of banks and capital markets in the region’s development the impact of demographic changes, such as the dramatic decline in birth rates and the implications for future employment the development of economic advances in oil and gas production the effects of the region’s economic development on international and inter-regional trade. Through discussing the region’s problems of the past as well as the present and future challenges, this book provides students with a compact and manageable review of the state of economic development in the Middle East.
