No More Qaddafi

August 26th, 2011 posted by admin
No More Qaddafi

Finally, Libya seems to be resting upon more predictable certainty. The reign of the colonel is nearing its end and the Libya official government is now composed by rebel force leaders and political opposition that until recently was prosecuted by the regime for having democratic orientation in its idea of governance. The question now is what happens after the data cleaning services over the Libyan economy - a whole era of economic development under the rule of a single leader is about to be abolished. A new era for Libya begins and this is what would be the major challenge for the country after its liberation.

Libya would definitely be more open to economies around the world. The newly formed government has already established international ties with countries such as France, the UK and Italy. Further international communications are being conducted with the US, Russia and the Middle East. It is true, however, that while the Qaddafi regime was mainly oriented against the democratic forces of the West, the new regime would be predominantly concerned with being close to developed economies.

This open up new markets for Libya. Their trading power would develop and their options for export and import of products as well as their ability to seek financial cooperation with other world economies would be on a completely different level. And while in the beginning, as every newly formed state power, the Libyan government would experience difficulties, it is clear their economic opportunities for development would be much greater than the ones under the old political regime.

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