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Africa's Public Procurement & Entrepreneurship Research Initiative – APPERI

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Revolution

Libya, U.S. Probe Oil-Company Deals


The Wall Street Journal

By Benoit Faucon, Summer Said, and Liam Moloney

April 8, 2012

New Government Aims to Shed Light on Petroleum INdustry‘s Interaction with Gadhafi regime

Authorities in the U.S. and Libya are investigating oil giants such as Italy’s Eni SpA and France’s Total SA over their past relations with the fallen Libyan regime, potentially casting a cloud on the companies’ ambitions to expand their foothold in the country with the largest oil reserves in Africa.

Last year, a civil war that toppled Libyan leader Col. Moammar Gadhafi nearly shut down the country’s crude production, stressing global oil markets. But as oil-company operations return to normal, the probes may complicate the oil companies’ business in the country.

The Libyan general prosecutor’s office is investigating “Libyan and foreign operators in Libya” for possible “financial irregularities,” its deputy head, Abdelmajeed Saad, said in an interview.

In a March letter reviewed by The Wall Street Journal, the prosecutor’s office formally asked the head of audit at Libya’s National Oil Co. to supply oil-company documents. The letter mentions oil transactions between NOC and international traders Vitol Group and Glencore International PLC as examples of documents it is seeking. Though the Libyan probe focuses mostly on the Gadhafi era, the letter indicates that the request involving the traders includes the period of the country’s civil war through the present.

The companies investigated also include Eni, the biggest foreign oil player in Libya, and Total, Mr. Saad said…Read more.

Public Administration: Stages versus Permanent Revolution?


SUBMITTED BY COLIN TALBOT ON WED, 2011-04-27 15:31

A great deal of the debate about strategies for public management reform in the developing and emerging economies of the world reminds me of debates in the Marxist movement at the start of the 20th century about whether or not countries had to go through certain “stages” of development.

The traditional Marxist view held that countries had to go through various stages of development as the logic of history unfolded – i.e. from hunter-gatherers, to primitive agrarianism, to feudalism, to bourgeois democracy, to socialism and thence communism.

A minority view emerged after the failed 1905 Russian revolution that in some cases there could be a ‘permanent revolution’ – some countries could leap-frog stages – e.g. from feudalism to socialism, as allegedly happened later in the 1917 Russian revolution. Read more

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