The armed forces champion a form of capitalism that is generating revenue, but its reliance on rent faces diminishing returns, leaving the country with massive sunk costs and deferred returns, deepening dependency on external borrowing.
Yezid Sayigh
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By any definition, Libya is a so-called fragile state and a high-priority challenge for international security. Since 2011, it has been wracked by repeated cycles of internal division and proxy warfare.
Former Nonresident Scholar, Democracy, Conflict, and Governance Program
Dr. Erica L. Gaston was a nonresident scholar at the Carnegie Endowment for International Peace.
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
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