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Full-Text Articles in Business
E-Government As A Tool For Stability And Socio-Economic Development In Post-Conflict Libya., Abdulmajid H. Mohamed
E-Government As A Tool For Stability And Socio-Economic Development In Post-Conflict Libya., Abdulmajid H. Mohamed
Faculty Articles
Usually, great challenges lie ahead of any post-conflict government, especially in states that have historically been under dictatorship, like Libya. It has been six years since the violent regime change that took place in Libya in 2011, yet no signs of improvement is foreseen in public service delivery and constructive citizen participation in influencing national policy formation and evaluation. In fact, the situation of public services has been worsened due to the absence of political and executive power from a strong, united government. The resulting widespread of collective frustration and political uncertainty has become a catalyst for a more defective …
Exogenous Oil Shocks And The Fiscal Policy Response In Oil-Exporting Countries: Evidence From Libya, Issa Saleh Ali, Charles Harvie
Exogenous Oil Shocks And The Fiscal Policy Response In Oil-Exporting Countries: Evidence From Libya, Issa Saleh Ali, Charles Harvie
Faculty of Business - Papers (Archive)
The downtrend in oil prices beginning in 2014 represents a challenge for smallopen developing and exporting economies like Libya. This stems from the importance of government revenue generated from the natural resource sector in financing government consumption and investment expenditures as well as capital imports. The dependency on the natural resource sector and a relatively weak non-natural-resource tax base renders fiscal positions highly challenging in oil exporting countries. As more than 90 percent of Libya's government revenue is generated from the oil sector, the budget components are the most influenced by oil-related shocks. Transitory oil price increases, especially after 2000, …