The Opinions of Economics Professors on the Impact of Administrative and Institutional Stability on the Growth of the Libyan Economy (2010–2023): A Case Study of Sirte University and Al-Sidra Gulf University

Abstract

This research explores the views of economics professors at Sirte and Gulf of Sidra Universities regarding the impact of administrative and institutional stability on Libyan economic growth during the period 2010-2023. Using a questionnaire as the primary data collection tool, the study found a statistically significant positive relationship between indicators of administrative and institutional stability (rule of law, anti-corruption, government efficiency) and economic growth. The results indicated a near consensus among professors that institutional weakness represents the main challenge, while building strong and effective institutions is the optimal solution. The study recommends strengthening the rule of law, combating corruption, improving government efficiency, investing in education and training, and encouraging political dialogue and community participation to achieve sustainable economic growth. It also suggests future research with larger samples and additional quantitative data to deepen understanding of the relationship between stability and growth in Libya.