Libya : The Experience of Oil by J. A. Allan (2024, Trade Paperback)

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About this product

Product Identifiers

PublisherRoutledge, Chapman & Hall, Incorporated

ISBN-101032322780

ISBN-139781032322780

eBay Product ID (ePID)27071448436

Product Key Features

Book TitleLibya : the Experience of Oil

Number of Pages324 Pages

LanguageEnglish

TopicAfrica / General, International Relations / General

Publication Year2024

GenrePolitical Science, History

AuthorJ. A. Allan

Book SeriesRoutledge Revivals Ser.

FormatTrade Paperback

Dimensions

Item Height0.7 in

Item Weight16.2 Oz

Item Length9.2 in

Item Width6.1 in

Additional Product Features

Intended AudienceTrade

Dewey Edition19

Dewey Decimal961/.204

SynopsisFirst published in 1981, Libya: The Experience of Oil provides a comprehensive overview of Libya's socio-economic development since the reform of 1961. The book shows that by end of the 1970s there had been a significant redistribution of wealth along with a reorganization of the economy., First published in 1981, Libya: The Experience of Oil provides a comprehensive overview of Libya's socio-economic development since the reform of 1961. It reviews Libya's oil endowment and draws attention to the deficiencies in the country's renewable natural resources and in the availability of unskilled labour and trained professional staff. The absorption of oil wealth after 1961 is shown to have been severely constrained by poor factor endowment in land and labour resources. The book shows that by end of the 1970s there had been a significant redistribution of wealth along with a reorganization of the economy, such that almost all production, distribution and resources were under public control. A recurring feature observed in this pattern of change is that rates of investment, sectoral allocations to the development spending, improvement in the standard of living and the level of social service provision advanced at a constant rate after oil and that the revolution had little impact on the rate of improvement in the development indicators. This is book is an essential read for scholars and researchers of African studies, African politics, geopolitics and international relations.