The Private Sector amid Conflict : The Case of Libya

Libya’s economic stability should be a priority for the international community. Although the private sector is an integral part of the Libyan economy, limited systematic information is available on how the prolonged conflict in Libya affected the private sector and the implications for a postco...

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Main Authors:	Rahman, Aminur, Di Maio, Michele
Format:	Book
Published:	Washington, DC: World Bank 2020
Subjects:	CONFLICT-AFFECTED STATES PRIVATE SECTOR DEVELOPMENT POSTWAR RECONSTRUCTION POSTWAR RECOVERY MACROECONOMIC CRISIS BANKING SECTOR LIQUIDITY BUSINESS ENVIRONMENT RULE OF LAW VALUE CHAIN OIL DEPENDENCY INVESTMENT CLIMATE ACCESS TO FINANCE CORRUPTION FIRM PERFORMANCE PUBLIC-PRIVATE PARTNERSHIP
Online Access:	https://documents.worldbank.org/en/publication/documents-reports/documentdetail/112031606288925984/the-private-sector-amid-conflict-the-case-of-libya http://hdl.handle.net/10986/34818

id	okr-10986-34818
recordtype	oai_dc
spelling	okr-10986-348182021-04-23T14:02:09Z The Private Sector amid Conflict : The Case of Libya Rahman, Aminur Di Maio, Michele CONFLICT-AFFECTED STATES PRIVATE SECTOR DEVELOPMENT POSTWAR RECONSTRUCTION POSTWAR RECOVERY MACROECONOMIC CRISIS BANKING SECTOR LIQUIDITY BUSINESS ENVIRONMENT RULE OF LAW VALUE CHAIN OIL DEPENDENCY INVESTMENT CLIMATE ACCESS TO FINANCE CORRUPTION FIRM PERFORMANCE PUBLIC-PRIVATE PARTNERSHIP Libya’s economic stability should be a priority for the international community. Although the private sector is an integral part of the Libyan economy, limited systematic information is available on how the prolonged conflict in Libya affected the private sector and the implications for a postconflict recovery. Using original survey data, The Private Sector amid Conflict aims to fill this gap by analyzing how the private sector has coped with the conflict and examining resilience and postconflict optimism. The conflict has profoundly affected the Libyan private sector. The conflict-induced macroeconomic crisis has generated a liquidity crisis, weakening the banking sector. Firms’ revenues, jobs, and production have been reduced and value chains have been disrupted. The conflict has distorted the business environment, undermining the rule of law, reducing accountability, and affecting service delivery. Not all firms have been negatively affected, however. The conflict-induced changes to competition, access to inputs and markets, innovations, and informal activities tend to affect different types of firms differently. Overall, the private sector shows signs of resilience and optimism for a postconflict recovery. The analysis in the book draws on novel data and other conflict experiences. The results presented offer suggestions for policy actions to address private sector constraints amid conflict and in the postconflict era. 2020-11-24T22:17:04Z 2020-11-24T22:17:04Z 2020-11-24 Book https://documents.worldbank.org/en/publication/documents-reports/documentdetail/112031606288925984/the-private-sector-amid-conflict-the-case-of-libya 978-1-4648-1644-4 http://hdl.handle.net/10986/34818 International Development in Focus; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Middle East and North Africa Iraq
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	CONFLICT-AFFECTED STATES PRIVATE SECTOR DEVELOPMENT POSTWAR RECONSTRUCTION POSTWAR RECOVERY MACROECONOMIC CRISIS BANKING SECTOR LIQUIDITY BUSINESS ENVIRONMENT RULE OF LAW VALUE CHAIN OIL DEPENDENCY INVESTMENT CLIMATE ACCESS TO FINANCE CORRUPTION FIRM PERFORMANCE PUBLIC-PRIVATE PARTNERSHIP
spellingShingle	CONFLICT-AFFECTED STATES PRIVATE SECTOR DEVELOPMENT POSTWAR RECONSTRUCTION POSTWAR RECOVERY MACROECONOMIC CRISIS BANKING SECTOR LIQUIDITY BUSINESS ENVIRONMENT RULE OF LAW VALUE CHAIN OIL DEPENDENCY INVESTMENT CLIMATE ACCESS TO FINANCE CORRUPTION FIRM PERFORMANCE PUBLIC-PRIVATE PARTNERSHIP Rahman, Aminur Di Maio, Michele The Private Sector amid Conflict : The Case of Libya
geographic_facet	Middle East and North Africa Iraq
relation	International Development in Focus;
description	Libya’s economic stability should be a priority for the international community. Although the private sector is an integral part of the Libyan economy, limited systematic information is available on how the prolonged conflict in Libya affected the private sector and the implications for a postconflict recovery. Using original survey data, The Private Sector amid Conflict aims to fill this gap by analyzing how the private sector has coped with the conflict and examining resilience and postconflict optimism. The conflict has profoundly affected the Libyan private sector. The conflict-induced macroeconomic crisis has generated a liquidity crisis, weakening the banking sector. Firms’ revenues, jobs, and production have been reduced and value chains have been disrupted. The conflict has distorted the business environment, undermining the rule of law, reducing accountability, and affecting service delivery. Not all firms have been negatively affected, however. The conflict-induced changes to competition, access to inputs and markets, innovations, and informal activities tend to affect different types of firms differently. Overall, the private sector shows signs of resilience and optimism for a postconflict recovery. The analysis in the book draws on novel data and other conflict experiences. The results presented offer suggestions for policy actions to address private sector constraints amid conflict and in the postconflict era.
format	Book
author	Rahman, Aminur Di Maio, Michele
author_facet	Rahman, Aminur Di Maio, Michele
author_sort	Rahman, Aminur
title	The Private Sector amid Conflict : The Case of Libya
title_short	The Private Sector amid Conflict : The Case of Libya
title_full	The Private Sector amid Conflict : The Case of Libya
title_fullStr	The Private Sector amid Conflict : The Case of Libya
title_full_unstemmed	The Private Sector amid Conflict : The Case of Libya
title_sort	private sector amid conflict : the case of libya
publisher	Washington, DC: World Bank
publishDate	2020
url	https://documents.worldbank.org/en/publication/documents-reports/documentdetail/112031606288925984/the-private-sector-amid-conflict-the-case-of-libya http://hdl.handle.net/10986/34818
_version_	1764481720409653248

The Private Sector amid Conflict : The Case of Libya

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