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- W3153161030 abstract "The aim of this paper is to determine why the US unblocked upwards of $37 billion (out of approximately $160 billion total) worth of Libya's frozen assets without any obvious conditions to ensure wise spending or promotion of stability in the country. One approach to state-building efforts is neotrusteeship, foreign control over domestic political or economic functions. The unfreezing of $160 billion in Libyan assets, a far larger figure than any country was willing to provide in its own aid funds to rebuild post-Qaddafi Libya, seemed to provide a perfect opportunity to apply the kind of neotrusteeship on behalf of the Libyan people that scholars have discussed. Yet the US and others lifted their freeze on these assets before any credible assurance that Libya's transitional government could or would use these assets to establish good governance (or at least state stability) in Libya, restore Libya's economy for the benefit of all its people, or create security institutions that would prevent Libya from becoming a haven for terrorists. This paper will use qualitative methods to trace the US foreign policy decision making process behind the unfreezing of these assets and try to understand why the US took a non-interventionist stance with regard to Libya's frozen assets." @default.
- W3153161030 created "2021-04-26" @default.
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- W3153161030 date "2017-01-01" @default.
- W3153161030 modified "2023-09-26" @default.
- W3153161030 title "Unfreezing Libya's Assets: Missed Opportunity for Neotrusteeship?" @default.
- W3153161030 hasPublicationYear "2017" @default.
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