The impact of the contribution of bank loans granted to the Libyan economic growth Standard study for the period (1990-2017)

Abstract

             This study aimed to study the impact of the change in bank credit granted by commercial banks on the change in GDP as a measure of economic development during the period from (1990 – 2017) in Libya. Where the descriptive analytical method was used as well as the statistical method was used to determine the relationship between the two study variables and to verify the validity of the study hypothesis using specific time series data using regression statistical analysis, Where correlation analysis was used to find out the correlation between the two study variables, and the standard results were shown respectively, The entire study period (1990-2017) the existence of a positive positive relationship, The period from (1990-2000) the relationship is very strong and positive The period from (2001-2011) the relationship is strong, positive and positive,, The period from (2012-2017) the relationship is inverse, To test the hypothesis of the study (regression analysis), it was found that the value of Sig is (0.015), which is less than (0.05) This means rejecting the imposition of nothingness, which states that "bank loans granted do not affect or contribute to the growth of the Libyan economy.", Accept the alternative hypothesis that "bank loans granted affect and contribute to the growth of the Libyan economy." The study concluded with a set of recommendations that can be used in the role of commercial banks in the development of the Libyan economy