1941. The Libyan Economy after the Revolution: Still No Clear Vision
- Author:
- Karim Mezran and Mohsin Khan
- Publication Date:
- 08-2013
- Content Type:
- Policy Brief
- Institution:
- Atlantic Council
- Abstract:
- The Libyan economy collapsed in the wake of the popular uprising in February 2011 that led to the overthrow of the Muammar Qaddafi regime later that year. As the war raged, virtually all economic activity, especially oil production (the mainstay of the Libyan economy) witnessed a dramatic decline. While there was some recovery in 2012 when the war ended and oil production came back faster than expected, the economy has not yet reached a point of sustained, longer term economic growth. In fact, by 2013, the economy has only just got back to what it was prior to the uprising.
- Topic:
- Economics and Regime Change
- Political Geography:
- Middle East and Libya