Libya
Total report count: 1
Total report count: 1
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Years of conflict have led to political instability in Libya. Rule of law is ineffective and corruption remains a major problem. Heavy reliance on hydrocarbons makes the economy extremely vulnerable to oil price shocks, whilst the precarious security situation also impedes economic progress. Urbanisation is advanced, but consumers suffer from low purchasing power that constrains spending. The mobile sector displays promising signs, but internet use is low.
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