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March 14, 20260 citationsOpen Access

Policy Implications of Business Research in African Contexts for Libyan Policy Makers

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AAAbdullah Al-ShehriHGHussein Raof Al- Ghazali

Key Points

  • This research aims to explore the policy implications of business practices in Libya and identify areas for improvement.
  • Conducted a qualitative literature review on business practices in Libya
  • Performed interviews with local business leaders and policymakers
  • Analyzed current policy landscapes and identified gaps
  • Highlighted critical areas for improvement in investment facilitation and regulatory compliance
  • Suggested targeted interventions could enhance economic stability
  • Emphasized the need for alignment between business strategies and socio-economic goals

Abstract

This study examines the policy implications of business research in African contexts specifically within Libya, a country experiencing significant socio-economic challenges. A qualitative approach was employed, involving a review of existing literature on business practices in Libya alongside interviews with local business leaders and policymakers to gather insights into current policy landscapes and gaps. The analysis reveals a strong emphasis on investment facilitation and regulatory compliance as critical areas for improvement, suggesting that targeted interventions could enhance economic stability and social cohesion. This research underscores the importance of aligning business strategies with broader socio-economic goals to achieve sustainable development outcomes in Libya. Policymakers are recommended to prioritise reforms in regulatory environments and investor protection mechanisms to foster a conducive climate for both domestic and international businesses.

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Cite This Study

Al-Shehri et al. (2012) studied this question.

synapsesocial.com/papers/69b4fc33b39f7826a300cefchttps://doi.org/10.5281/zenodo.18974912
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