The Libyan Banking Sector: A Microcosm of Global Enduring Disorder
All of the core dynamics of Global Enduring Disorder are at play in Libya’s post-Gadhafi transition. In fact, it may be the first theater in which all of the relevant dynamics of the Enduring Disorder initially came together. In this fascinating analysis paper, Jason Pack, author of Libya and the Global Enduring Disorder & President of Libya-Analysis LLC, and our Advisory Board member Stefano Marcuzzi, University College Dublin, Libya Analysis LLC & NATO Defense College Foundation, investigate the ongoing Libya conflict through the Enduring Disorder paradigm focusing on the financial and banking sectors, honing in on stakeholder perceptions of the Central Bank of Libya (CBL), its transparency/opacity, and the “narrative wars” over who is to blame for, and who benefits from, Libya’s economic dysfunction, the lack of an annual budget, and the current lack of a quorum on the CBL board.