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WEEKLY NEWSLETTER
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Libya
Index
The development of internal trade has been severely restricted
by government actions during the late 1970s that were aimed at
curbing the activities of private sector merchants
(see Role of the Government
, this ch.). In general, domestic trade remained in a
state of limbo in the mid-1980s. Government policy was extremely
hostile to private trade, but because of declining oil revenues the
government was unable to keep up with the demand for most goods,
subsidized or not. Reports that the state-run supermarkets were
experiencing supply problems proliferated during 1985 and 1986.
Shopping was said to be a major daily activity that demanded time
and perseverance. The confusion reigning in the retail sector in
1985 pushed the government to announce the opening of yet another
chain of state-run shops--the "green market" (aswaq al
Khadhra)--to sell subsidized goods. It was unclear, however,
how much of a force these shops would be, or whether they would
receive the funds necessary to sell goods at subsidized prices.
Beyond the urban areas, rural markets were held every Tuesday
and Friday. Most farmers bought and sold in local markets, rarely
traveling to distant ones. Although Libya officially adhered to the
metric system, everyday practice continued to favor Arabic
measures. A common measure used in wholesale trade was the
marta, equivalent to about kilograms.
The government's imprint on other areas of domestic trade was
strong. Storage facilities for agricultural commodities and general
goods, including perishables, were provided by a state-owned
storage and refrigeration company. Moreover, all advertising was
done through the only advertising firm in the country, the
government-owned General Company for Distribution, Publication, and
Advertisement.
A potential source of income for Libya is tourism. Libya's warm
and pleasant climate in coastal areas, together with the presence
of a large number of Greek and Roman ruins (particularly at Leptis
Magna or Labdah, east of Tripoli), would seem to indicate at least
a modest potential for tourist development. In April 1972, however,
Qadhafi publicly declared that he opposed public investment in the
tourist industry. Despite this pronouncement, by the late 1970s
several tourist complexes were planned both on the coast and in the
interior. The number of tourists visiting Libya at that time was in
the 300,000 a year range. Most came from other Arab countries.
Because of the prohibitions against alcohol, the lack of nightlife,
and the strained political climate, foreign observers doubted that
the tourist industry would expand.
Data as of 1987
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