Case study analyzes economic recovery strategies in Libya, suggesting pathways to sustainability and growth.
Post-conflict Libya faces significant economic challenges, including infrastructure damage and a fragile political environment. The country's economy relies heavily on oil exports, which have been disrupted by conflict. The study employs a case study approach, analysing existing policies and best practices from other post-conflict regions with similar economic conditions. Agriculture remains the most resilient sector for job creation and economic stability. Small-scale farmers are particularly vulnerable to market fluctuations and lack of access to credit and markets. While Libya's oil industry is crucial, diversification into renewable energy sources could provide a more sustainable long-term solution. Strengthening agriculture support programmes is also essential for inclusive growth. Develop targeted financial incentives and training programmes for small farmers. Encourage partnerships between the public and private sectors to enhance agricultural productivity. Invest in renewable energy projects that can generate stable, low-carbon revenue streams.
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Abdullah et al. (2002) studied this question.
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