A change in the Libyan economy: towards a more market-oriented economy

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Alafi, Abouazoum and Bruijn, Erik J. de (2010) A change in the Libyan economy: towards a more market-oriented economy. In: Management of Change Conference 2010, 26-27 November 2009, Lüneburg, Germany.

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Abstract:Since the mid-1980s, there has been a significant movement toward global markets, especially the privatisation of the State-Owned Enterprises. Recently, after a more than three decades of excessive reliance on the public sector, Libya has pursued privatisation of its public sector. This paper explores the underlying forces of the economic reform, especially with respect to the privatisation of industrial sector, in Libya. It is found that privatisation has been pursued in Libya as result of its own policy plan, rarely after pressures from the international lending agencies. It has been embarked on with more pragmatic and less ideological base.
Item Type:Conference or Workshop Item
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Management and Governance (SMG)
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Link to this item:http://purl.utwente.nl/publications/76014
Organisation URL:http://ffb.uni-lueneburg.de/creps/
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