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The paper provides an overview of the potential social, economic and environmental impacts of an EU-Libya FTA as gauged by the EU-Libya Sustainability Impact Assessment (SIA). The main potential benefits to both the EU and Libya from the proposed trade agreement come from closer cooperation in the energy sector rather than from the economy-wide effects of reducing trade barriers. The agreement may also have significant adverse effects that need to be taken into account.

This study assesses the effectiveness of different administrative models of US foreign assistance, with a unique focus on one that hypothetically channels more DFA-administered funds through the Millennium Challenge Corporation (MCC). The study finds several limitations with this model, and so discounts the assumption that because the MCC is a fairly effective instrument of foreign assistance simply expanding it as is would spread its benefits on a larger scale. With some additions to its framework, however, the model may be quite effective and both politically and economically feasible.