Oil dependency, economic diversification and development a case study of Libya
(2007)
Thesis
Edwik, A. Oil dependency, economic diversification and development a case study of Libya. (Thesis). University of Salford, UK
The Libyan economy relies heavily on increasing oil revenues, which may deteriorate
with a future oil price decline. The Libyan economy performed as well as resource poor
countries over the past few decades.
The oil booms of 1973 and 1979 brought...
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