You are here

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


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.

Related Sections