Libya has been one of the most remarkable of the Arab oil producers. It has combined an aggressive foreign policy, a domestic political revolution and extraordinary economic growth over the last decade. This book focuses on the development of the Libyan economy over this period. In the boom years of the oil market Libya s revenues exploded. With the current decline of Arab oil revenues many of the projects undertaken then now look less realistic. The book surveys both the structural developments in the Libyan economy and the experience of individual sectors. It considers the potential for...