Publications of the FoundationBlessing and curseTitle
Publications of the FoundationBlessing and curse
Title
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- TitleBlessing and curse : petroleum profits, control and fragilty in Libya
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- Description1 Online-Ressource (18 Seiten)
- LanguageEnglish
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- Document typePrint
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Abstract
Libya's petroleum wealth has had both a positive and negative impact on fragility. Profits of petroleum sales have provided citizens and the state with an economic buffer, offsetting traditional impacts of weak state capacity and violence. However, contestation over wealth distribution have driven communal and regional conflicts. The Petroleum Facilities Guard, tasked with securing oil infrastructure, has emerged as a key disruptor of production, repeatedly blockading oil fields. These challenges require a synchronized strategy, involving targeted economic development, security sector reform, and national dialogue on resource sharing.