Wednesday, March 2, 2011

Muammar al-Gaddafi,معمر القذافي

Muammar Abu Minyar al-Gaddafi (Arabic: معمر القذافي‎ Muʿammar al-Qaḏḏāfī audio also known simply as Colonel Gaddafi; born 7 June 1942) has been the leader of Libya since a coup in 1969.
From 1972, when Gaddafi relinquished the title of prime minister, he has been accorded the honorifics "Guide of the First of September Great Revolution of the Socialist People's Libyan Arab Jamahiriya" or "Leader and Guide of the Revolution" in government statements and the official press. With the death of Omar Bongo of Gabon on 8 June 2009, he became the longest serving of all current non-royal national leaders and he is one of the longest serving rulers in history. He is also the longest-serving ruler of Libya since Libya, then Tripoli, became an Ottoman province in 1551.
In February 2011, major political protests (inspired by similar events in the Arab world earlier in the year) broke out in Libya against Gaddafi's government. As of February 23 2011, Gaddafi is reported as having lost control of large parts of the country.

Early life

Gaddafi was born in a Bedouin family near Sirt. As a teenager, Gaddafi was an admirer of Egyptian President Gamal Abdel Nasser and his Arab socialist and nationalist ideology. Gaddafi took part in anti-Israel demonstrations during the 1956 Suez Crisis.
An early conspirator, he began his first plan to overthrow the monarchy while in military college. He received further military training in Hellenic Military Academy in Athens, Greece and the United Kingdom.


In power

Military coup d'état
On 1 September 1969, a small group of junior military officers led by Gaddafi staged a bloodless coup d'état against King Idris while he was in Turkey for medical treatment. His nephew, the Crown Prince Sayyid Hasan ar-Rida al-Mahdi as-Sanussi, had been formally deposed by the revolutionary army officers and put under house arrest; they abolished the monarchy and proclaimed the new Libyan Arab Republic. The 27-year-old Gaddafi, with a taste for safari suits and sunglasses, then sought to become the new "Che Guevara of the age". To accomplish this Gaddafi turned Libya into a haven for anti-Western radicals, where any group, supposedly, could receive weapons and financial assistance, provided they claimed to be fighting imperialism. The Italian population in Libya almost disappeared after Gaddafi ordered the expulsion of Italians in 1970.
A Revolutionary Command Council was formed to rule the country, with Gaddafi as chairman. He added the title of prime minister in 1970, but gave up this title in 1972. Unlike some other military revolutionaries, Gaddafi did not promote himself to the rank of general upon seizing power, but rather accepted a ceremonial promotion from captain to colonel and has remained at this rank since then. While at odds with Western military ranking for a colonel to rule a country and serve as Commander-in-Chief of its military, in Gaddafi's own words Libya's society is "ruled by the people", so he needs no more grandiose title or supreme military rank.

Islamic socialism and pan-Arabism
Gaddafi based his new regime on a blend of Arab nationalism, aspects of the welfare state, and what Gaddafi termed "popular democracy", or more commonly "direct, popular democracy". He called this system "Islamic socialism", and, while he permitted private control over small companies, the government controlled the larger ones. Welfare, "liberation" (or “emancipation” depending on the translation), and education were emphasized. He also imposed a system of Islamic morals, outlawing alcohol and gambling. Like previous revolutionary figures of the 20th century such as Mao and his Little Red Book, Gaddafi outlined his political philosophy in his Green Book to reinforce the ideals of this socialist-Islamic state and published in three volumes between 1975 and 1979.
In 1977, Gaddafi proclaimed that Libya was changing its form of government from a republic to a "jamahiriya" – a neologism that means "mass-state" or "government by the masses". In theory, Libya became a direct democracy governed by the people through local popular councils and communes. At the top of this structure was the General People's Congress, with Gaddafi as secretary-general. However, after only two years, Gaddafi gave up all of his governmental posts in keeping with the new egalitarian philosophy.
From time to time, Gaddafi has responded to domestic and external opposition with violence. His revolutionary committees called for the assassination of Libyan dissidents living abroad in April 1980, with Libyan hit squads sent abroad to murder them. On 26 April 1980, Gaddafi set a deadline of 11 June 1980 for dissidents to return home or be "in the hands of the revolutionary committees". Nine Libyans were murdered during that time, five of them in Italy.

External relations
Main article: Foreign relations of Libya
Gaddafi (left) with Egyptian President Gamal Abdel Nasser in 1969
Yugoslav President Josip Broz Tito (in blue) and Gaddafi (in brown) in 1975
With then-President of Russia Vladimir Putin in 2008
Gaddafi with Serbian President Boris Tadić
With respect to Libya's neighbors, Gaddafi followed Gamal Abdel Nasser's ideas of pan-Arabism and became a fervent advocate of the unity of all Arab states into one Arab nation. He also supported pan-Islamism, the notion of a loose union of all Islamic countries and peoples. After Nasser's death on 28 September 1970, Gaddafi attempted to take up the mantle of ideological leader of Arab nationalism. He proclaimed the "Federation of Arab Republics" (Libya, Egypt, and Syria) in 1972, hoping to create a pan-Arab state, but the three countries disagreed on the specific terms of the merger. In 1974, he signed an agreement with Tunisia's Habib Bourguiba on a merger between the two countries, but this also failed to work in practice and ultimately differences between the two countries would deteriorate into strong animosity.
Libya was also involved in a sometimes violent territorial dispute with neighbouring Chad over the Aouzou Strip, which Libya occupied in 1973. This dispute eventually led to the Libyan invasion of the country and to a conflict that was ended by a ceasefire reached in 1987. The dispute was in the end settled peacefully in June 1994 when Libya withdrew troops from Chad due to a judgement of the International Court of Justice issued on 13 February 1994.
Gaddafi also became a strong supporter of the Palestine Liberation Organization, which support ultimately harmed Libya's relations with Egypt, when in 1979 Egypt pursued a peace agreement with Israel. As Libya's relations with Egypt worsened, Gaddafi sought closer relations with the Soviet Union. Libya became the first country outside the Soviet bloc to receive the supersonic MiG-25 combat fighters, but Soviet-Libyan relations remained relatively distant. Gaddafi also sought to increase Libyan influence, especially in states with an Islamic population, by calling for the creation of a Saharan Islamic state and supporting anti-government forces in sub-Saharan Africa.

Economy of Libya


Economy of Libya
LocationLibya.svg
Rank
69
Currency
Libyan dinar (LD)
Fiscal year
calendar year
Trade organisations
OPEC, Common Market for
 Eastern and Southern Africa
Statistics
GDP
increase$96.1 billion (2010)
GDP growth
5.9% (2010)
GDP per capita
$14,884 (2010)
GDP by sector
agriculture (7.6%), industry
(49.9%), services (42.5%)
Inflation (CPI)
less than 1% (2005 est.)
Population
below poverty line
NA% (2006 est.)
Labour force
1.64 million (includes unemployed) (2005)
Labour force
by occupation
agriculture 17%, industry 23%, services and government 59% (2004 est.)
Unemployment
10% (2009)
Main industries
petroleum, steel, iron, food processing,textiles, cement
External
Exports
$44.89 billion (f.o.b., 2010 est)
Export goods
crude oil, refined petroleum products,natural gas, chemicals
Main export partners
Italy 37.65%, Germany 10.11%, France8.44% ,Spain 7.94%,
Switzerland 5.93%, USA 5.27% (2009)
Imports
$24.47 billion (f.o.b., 2010 est)
Import goods
machinery, transport equipment, semi-finished goods, food, consumer products
Main import partners
Italy 18.9%, China 10..54%, Turkey 9.92%, Germany 9.78%, France 5.63%, Tunisia 5.25%, South Korea 4.02% (2009)
Public finances
Public debt
$4.267 billion (2005)
Revenues
increase$25.34 billion
Expenses
$15.47 billion, including capital expenditures of $5.6 billion (2005)
Economic aid
recipient ODA $4.4 million (2002)
Main data source: CIA World Fact Book
All values, unless otherwise stated, are in US dollars

Libya's centrally planned economy depends primarily upon revenues from the petroleum sector, which contributes practically all export earnings and over half of GDP. These oil revenues and a small population give Libya one of the highest per capita GDPs in Africa. Since 2000, Libya has recorded favourable growth rates with an estimated 8.1% growth of GDP in 2006.

Macro-economic trend

The GDP per capital of Libya soared by 676% in the 1960s and a further 480% in the 1970s. However such fantastic growth rates proved unsustainable in the face of global oil recession and international sanctions. Consequently the GDP per capital shrank by 42% in the 1980s. Successful diversification and integration into the international community helped current GDP per capita to cut further deterioration to just 3.2% in the 1990s.
Below is a chart of trend of gross domestic product of Libya at market prices estimated by the International Monetary Fund with figures in millions of Libyan dinars (LYD).
Year GDP USD to LYD Inflation Index
(2000 = 100) Per Capita Income
(as % of USA)
1980 10,882 0.29 LYD 25 104.37
1985 8,227 0.29 LYD 45 46.13
1990 8,185 0.28 LYD 57 30.42
1995 10,679 0.34 LYD 89 24.45
2000 17,668 0.51 LYD 100 20.70
2005 50,693 1.22 LYD 80 18.49
Notes:
1. For purchasing power parity comparisons, the US Dollar is exchanged at 0.77 Libyan Dinars only.
Mean wages were $9.51 per manhour in 2009.

Oil Sector

Libya is an OPEC member and holds the largest proven oil reserves in Africa (followed by Nigeria and Algeria), 41.5 Gbbl (6.60×109 m3) as of January 2007, up from 39.1 Gbbl (6.22×109 m3) in 2006. About 80% of Libya’s proven oil reserves are located in the Sirte Basin, which is responsible for 90% of the country’s oil output. The state-owned National Oil Corporation (NOC) dominates Libya's oil industry, along with smaller subsidiaries, which combined account for around 50% of the country's oil output. Among NOC's subsidiaries, the largest oil producer is the Waha Oil Company (WOC), followed by the Agoco, Zueitina Oil Company (ZOC), and Sirte Oil Company (SOC). Oil resources, which account for approximately 95% of export earnings, 75% of government receipts, and over 50% of GDP. Oil revenues constitute the principal foreign exchange source. Much of the country's income has been lost to waste, corruption, conventional armaments purchases, and attempts to develop WMD, as well as large donations to developing countries in attempts to increase Qadhafi's influence in Africa and elsewhere. Despite the country's relatively high per capita GDP, government mismanagement has led to high inflation and increased import prices, resulting in declining living  standards. Reflecting the heritage of the command economy, three quarters of employment is in the public sector, and private investment remains small at around 2% of GDP.
Falling world oil prices in the early 1980s and economic sanctions caused a serious decline in economic activity, eventually leading to a slow private sector rehabilitation. At 2.6% per year on average, real GDP growth was modest and volatile during the 1990s. Libya's GDP grew in 2001 due to high oil prices, the end of a long cyclical drought, and increased foreign direct investment following the suspension of UN sanctions in 1999. Real GDP growth has been boosted by high oil  revenues, reaching 4.6% in 2004 and 3.5% in 2005. Despite efforts to diversify the economy and encourage private sector participation, extensive controls of prices, credit, trade, and foreign exchange constrain growth.
Although UN sanctions were suspended in 1999, foreign investment in the Libyan gas and oil sectors were severely curtailed due to the U.S. Iran and Libya Sanctions Act (ILSA), which caps the amount foreign companies can invest in Libya yearly at $20 million (lowered from $40 million in 2001). As of May 2006, the U.S. has removed Libya from its list of states that sponsor terrorism and has normalised ties and removed sanctions. This clears the road for U.S. oil companies to exploit Libyan oil and is expected to have a positive impact on the Libyan economy.   The NOC hopes to raise oil production from 1.80 million bpd in 2006 to 2 million bpd by 2008. FDI into the oil sector is likely, which is attractive due to its low cost of oil recovery, high oil quality, and proximity to European markets. Most Libyan oil is sold on a term basis, including to the country's Oilinvest marketing network in Europe; to companies like Agip, OMV, Repsol YPF, Tupras, CEPSA, and Total; and small volumes to Asian and South African companies.
Statistic Amount
Proven Oil Reserves (2007E) 41.5 Gbbl (6.60×109 m3)
Oil Production (2006E) 1.8 million barrels per day (290×103 m3/d) (95% crude)
Oil Consumption (2006E) 284,000 barrels per day (45,200 m3/d)
Net Oil Exports (2006E) 1,525 million barrels per day (242.5×106 m3/d)
Crude Oil Distillation Capacity (2006E) 378 kbbl/d (60.1×103 m3/d)
Proven Natural Gas Reserves (2007E) 52.7×1012 cu ft (1.49×1012 m3)
Natural Gas Production (2006E) 399×109 cu ft (1.13×1010 m3)
Natural Gas consumption (2005E) 206×109 cu ft (5.8×109 m3)
Notes:
1. Energy Information Administration (2007)

Field Development and Exploration
In November 2005, Repsol YPF discovered a significant oil deposit of light, sweet crude in the Murzuq Basin. Industry experts believe the discovery to be one of the biggest made in Libya for several years. Repsol YPF is joined by a consortium of partners including OMV, Total and Norsk Hydro. Also located in Murzuq Basin is Eni’s Elephant field. In October 1997, a consortium led by British company Lasmo, along with Eni and a group of five South Korean companies, announced that it had discovered large recoverable crude reserves 465 miles (748 km) south of Tripoli. Lasmo estimated field production would cost around $1 per barrel. Elephant began production in February 2004.
WOC's Waha fields currently produce around 350,000 bbl/d (56,000 m3/d). In 2005, ConocoPhillips and co-venturers reached an agreement with NOC to return to its operations in Libya and extend the Waha concession 25 years. ConocoPhillips operates the Waha fields with a 16.33% share in the project. NOC has the largest share of the Waha concession, and additional partners include Marathon and Amerada Hess.

Refining and Downstream
Libya has five domestic refineries:
Refinery Capacity Operator
Zawia Refinery 120,000 ZOC
Ras Lanuf Refinery 220,000 Rasco
El-Brega Refinery 10,000 SOC
Tobruk Refinery 20,000 Agoco
Sarir Refinery 10,000 Agoco
Notes:
1. Amounts in barrels per day.

Diversification
Libyan five-dinar bill.
In 2007, mining and hydrocarbon industries accounted for well over 95 per cent of the Libyan economy. Diversification of the economy into manufacturing industries remain a long-term issue.
Although agriculture is the second-largest sector in the economy, Libya depends on imports in most foods. Climatic conditions and poor soils severely limit farm output, and domestic food production meets only about 25% of demand. Domestic conditions limit output, while higher incomes and a growing population have caused food consumption to rise. Because of low rainfall levels in Libya, agricultural projects such as the Al Khufrah Oasis rely on underground water sources. Libya's primary agricultural water source remains the Great Manmade River (GMMR), but significant resources are being invested in desalinization research to meet growing  demand. Libyan agricultural projects and policies are overseen by a General Inspector; there is no Ministry of Agriculture, per se.

Labor market

Libya posted a 3.3% rate of population growth during 1960-2003. In 2003, 86% of the population was urban, compared to 45% in 1970. Although no reliable estimates are available, unemployment is reportedly acute: over 50% of the population under the age of 20. Moreover, despite the bias of labor market regulations favoring Libyan workers, the mismatch of the educational system with market demand has produced a large pool of expatriate workers, with typically better-suited education and higher productivity. However, because of shortages for manual labor, Libya has also attracted important numbers of less skilled immigrants. Expatriate workers represent an estimated fifth of the labor force. Although significant, the proportion of expatriate workers is still bellow oil producing countries in the Persian Gulf. Foreign workers mainly come from the Maghreb, Egypt, Turkey, India, the Philippines, Thailand, Vietnam, Poland, Chad, Sudan, and Bosnia and Herzegovina. They tend to earn relatively high wages, taking either skilled or hard manual jobs. Census data for 2000 show the share of expatriates earning over LD 300 (US$230) per month was 20%, compared to 12% for Libyan nationals. A campaign encouraging conversion of qualified civil servants to entrepreneurs, in the face of public sector over employment and declining productivity, does not seem to be producing the desired results thus far.

External trade and finance
Libyan exports in 2006
The Government is in the process of preparing a financial sector reform program. Recent legislation setting corporate governance standards for financial institutions makes progress towards better management and greater operational independence of public banks. However, Libyan public banks still lack management structures supported by skills in critical areas like credit, investment, risk management, and information and control systems. The new banking law reinforces the independence of the Central Bank of Libya (CBL) and offers a legal framework for regulating banking activities, even if some provisions call for improvement. Despite progress brought by the new banking Law that specifies and limits its duties and responsibilities, the CBL remains the owner of the public banks, with the associated potential conflict of interest between ownership and regulation.
Financial sector reform has also progressed with partial interest rate liberalization. Interest rates have been liberalized on deposits, while a lending rate ceiling has been set above the discount rate. The Libyan Stock Exchange, established in 2007, is the first exchange of its kind in the country.

Statistics

Household income or consumption by percentage share:
lowest 11%: NA%
highest 10%: NA%
Industrial production growth rate: 2.7% (2009)
Electricity - production: 24 billion kWh (2007 est)
Electricity - production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1998)
Electricity - consumption: 22.17 billion kWh (2007 est)
Electricity - exports: 104 million kWh (2007)
Electricity - imports: 77 million kWh (2007)
Agriculture - products: wheat, barley, olives, dates, citrus, vegetables, peanuts, soybeans, cattle, corn

International rankings

Organisation Survey Ranking
Heritage Foundation/The Wall Street Journal 2006 Index of Economic Freedom 152 out of 157
The Economist The World in 2005 - Worldwide quality-of-life index, 2005 70 out of 111
Energy Information Administration Greatest Oil Reserves by Country, 2006 9 out of 20
Reporters Without Borders Press Freedom Index (2007) 155 out of 169
Transparency International Corruption Perceptions Index 2007 131 out of 180


(source:wikipedia)