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10cf746e54 These developments led to the first round of political unrest. fonbindelhofas makes sence . Both countries recognized that restoration of macroeconomic stability in the short run must facilitate the difficult task of quickly delivering on expectations for jobs and growth. And they've diluted the magnificent and tragic details of the uprising to a point that it's just a story of this boring, out of touch rich guy filming a moving among a massive revolution. The revolt we are witnessing is not about ideology. Jack1952 The "P" word has already been invoked. Given that the real power holders on the ground are armed with real hard weapons, the militias, it is doubtfull that Libya's course will be any smoother but will remain hostage to the real balance of power that favours militias who represent many orientations but Islamist harliners are their core and willing to no trade offs. Continued IMF support for the program would, by endorsing confidence in the underlying program and the governments commitment to it, also facilitate bilateral and multilateral financial support.
The program is supported by a financial arrangement with the IMF of $1.75 billion over a two-year period. Deepening economic integration with other Arab countries should also help the reform process. Hundreds of millions of Arabs feel they have been denied both their human rights and their citizenship rights, the result of decades of socioeconomic stresses and political deprivations. First and foremost, the importance of political consensus building and the creation of a strong constituency for economic reform cannot be overemphasized. The conclusions and recommendations of any Brookings publication are solely those of its author(s), and do not reflect the views of the Institution, its management, or its other scholars. The reform strategy must address impediments to efficient private sector investment through the generation of needed human capital, regulatory and market reforms, and the public-private sector nexus, so that resource allocation reflects market-determined prices rather than state-sponsored protectionism, subsidies, and monopolies. Orderly transition over a longer period would call for adequate external financial support conditioned on adjustment measures under a reform program for the restoration of macroeconomic stability and resumption of self-sustaining growth. A widely shared public sentiment across the region is that Arab ruling elites have responded more to the dictates of foreign powers than to their own people. Muasher.