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Economic Brief - From Inherited Wealth to Productive Economy - Planning for Development in Post-Civil War Libya

10-Sep-2013

The title of this paper “From Inherited Wealth To Productive Economy” conveys the change that needs to take place within Libya as it stands poised to engage upon a process of long-term economic planning in the wake of the country’s civil war. It consists essentially of a move away from an economy that has relied overwhelmingly on oil revenues within a system that, however had few, if any, national political institutions to guide development--to a new state where political and economic institutions jointly combine in a more inclusive and integrated fashion to provide for economic growth and development.

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