Publication:
Libya Economic Monitor, Fall 2023

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dc.contributor.authorWorld Bank
dc.date.accessioned2024-02-12T15:10:02Z
dc.date.available2024-02-12T15:10:02Z
dc.date.issued2024-02-12
dc.description.abstractLibya’s medium-term growth and development challenges are major and pressing. Key among these is to accelerate and stabilize growth: GDP per capita shrank by 54 percent between 2010 and 2022. Furthermore, Libya’s economy was among the most volatile during the past decade due to the conflict, instability, fragmentation, oil export blockades, and weak economic policies. Another challenge is to diversify the economy to make growth more job-rich, more inclusive to women and youth and less intensive in carbon. This could be achieved by strengthening human capital and rebuilding infrastructure. Building a wide, transparent, and effective cash transfer system could bea transformational approach to reform public finances and the public sector and rebuild trust between citizens and the state. Partly linked to the above is the challenge to address the transparency and equitable sharing of oil resources, including to address regional disparities to reduce risks of conflict and fragility in the interest of building a lasting peace. Lastly, the overall institutional and economic policy framework and capacity need to be strengthened to undertake such major transformation.en
dc.identifierhttp://documents.worldbank.org/curated/en/099611201292422299/IDU1a62ecb7a1fe3b14b8f1bdef142fb22c17903
dc.identifier.doi10.1596/41038
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/41038
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectPOVERTY AND VULNERABILITY
dc.subjectHEALTH SERVICES
dc.subjectEDUCATION
dc.subjectCLEAN WATER AND SANITATION
dc.subjectACCESS TO ELECTRICITY
dc.subjectSDG 6
dc.titleLibya Economic Monitor, Fall 2023en
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleLibya Economic Monitor, Fall 2023
okr.date.disclosure2024-02-12
okr.date.doiregistration2025-04-07T08:16:09.230773Z
okr.date.doiregistration2025-04-08T16:07:14.599625Z
okr.date.doiregistration2025-04-09T02:49:20.931687Z
okr.date.lastmodified2024-01-29T00:00:00Zen
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/099611201292422299/IDU1a62ecb7a1fe3b14b8f1bdef142fb22c17903
okr.guid099611201292422299
okr.guid099615401292423522
okr.identifier.docmidIDU-a62ecb7a-fe3b-4b8f-bdef-42fb22c17903
okr.identifier.doihttp://dx.doi.org/10.1596/41038
okr.identifier.externaldocumentum34247707
okr.identifier.internaldocumentum34247707
okr.identifier.report187420
okr.import.id3128
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099611201292422299/pdf/IDU1a62ecb7a1fe3b14b8f1bdef142fb22c17903.pdfen
okr.region.administrativeMiddle East and North Africa
okr.region.countryLibya
okr.topicConflict and Development::Conflict and Fragile States
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicHealth, Nutrition and Population::Health Economics & Finance
okr.topicWater Supply and Sanitation::Water Supply and Sanitation Finance
okr.topicEnergy::Electric Power
okr.unitWB Liaison Office: Tripoli (MNCLY)
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