Libyan Economy under Col. Muammar Gaddafi

Registration ID: IJNRD_200882

Published ID: IJNRD2307030

DOI: Click Here to Get

Ruchit M. Gyani

Muammar Gaddafi, Libyan Economy, King Idris I, NATO, UN Resolution 1973

The paper analyses the Libyan Economy under Colonel Muammar Gaddafi. Various economic policies have been discussed responsible for the changes in the Libyan economy. The various social and political policies affecting the economy are also discussed in the research paper. The concept of an Arab Jamahiriya and the influence of the Green Book on the Libyan economy have also been discussed in detail in the research paper. The paper also shows how the military intervention by the NATO forces and the aid given to the rebels led to the First Libyan Civil war which not only killed Gaddafi ending the regime but also sent the nation into a perpetual state of disarray, anarchy, war, and instability from which Libya has still not been able to recover. The war and its aftermath have ruined the economy of Libya to such an extent that the oil sector alone lost over $126 billion as an effect of the conflict. This instability has also sent a wave of emigrants towards Europe causing a demographic shift in the European population and an immigration crisis.

Published Paper   E-Certificate

Ruchit M. Gyani (July-2023). Libyan Economy under Col. Muammar Gaddafi. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(7), a234-a241. https://ijnrd.org/papers/IJNRD2307030.pdf

Volume 8 Issue 7, July-2023

Pages : a234-a241

Paper Reg. ID: IJNRD_200882

Published Paper Id: IJNRD2307030

Downloads: 000122008

Research Area: Commerce

Country: Mumbai Suburban, Maharashtra, India

Published Paper PDF: https://ijnrd.org/papers/IJNRD2307030.pdf

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2307030

Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

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