The Report: Kuwait
The Report: Kuwait

Author: Oxford Business Group

Publisher: Oxford Business Group

Published: 2015-09-28

Total Pages: 180

ISBN-13: 1910068403

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Kuwait is one of the biggest players in the global energy market, with its proven oil reserves currently the sixth largest in the world. Although revenues from hydrocarbons account for more than 60% of GDP and 95% of exports, the country’s low production costs and sizeable fiscal reserves mean it is well positioned to cope with lower oil prices in the short term. This is clear from the government’s ongoing commitment to delivering projects outlined in the national development strategy, Kuwait Vision 2035. In the financial services sector, Kuwait continues to perform well, as a series of regulations put in place by the Central Bank of Kuwait in recent years have served to shore up the sector’s recovery from the global economic downturn.

Kuwait (Routledge Revival)
Kuwait (Routledge Revival)

Author: Middle East Research Institute

Publisher: Routledge

Published: 2015-07-24

Total Pages: 204

ISBN-13: 1317450116

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First published in 1985, this study, focusing on Kuwait, looks at the underlying reasons why certain political, economic and social events have taken place in the country’s history. It provides vital analysis of the political and economic issues of the country, and those that have affected it, as well as providing statistical material on all the key data of the political economy. The book was originally published as part of the Middle East Research Institute (MERI) Reports on the Middle East which quickly established themselves as the most authoritative and up-to-date information on the state of affairs in the region.

The Wages of Oil
The Wages of Oil

Author: Michael Herb

Publisher: Cornell University Press

Published: 2014-12-18

Total Pages: 356

ISBN-13: 0801454689

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The contrast between Kuwait and the UAE today illustrates the vastly different possible futures facing the smaller states of the Gulf. Dubai's rulers dream of creating a truly global business center, a megalopolis of many millions attracting immigrants in great waves from near and far. Kuwait, meanwhile, has the most spirited and influential parliament in any of the oil-rich Gulf monarchies. In The Wages of Oil, Michael Herb provides a robust framework for thinking about the future of the Gulf monarchies. The Gulf has seen enormous changes in recent years, and more are to come. Herb explains the nature of the changes we are likely to see in the future. He starts by asking why Kuwait is far ahead of all other Gulf monarchies in terms of political liberalization, but behind all of them in its efforts to diversify its economy away from oil. He compares Kuwait with the United Arab Emirates, which lacks Kuwait’s parliament but has moved ambitiously to diversify. This data-rich book reflects the importance of both politics and economic development issues for decision-makers in the Gulf. Herb develops a political economy of the Gulf that ties together a variety of issues usually treated separately: Kuwait's National Assembly, Dubai's real estate boom, the paucity of citizen labor in the private sector, class divisions among citizens, the caste divide between citizens and noncitizens, and the politics of land.

Special Report: Kuwait: Resilience & Management in Times of Crisis
Special Report: Kuwait: Resilience & Management in Times of Crisis

Author: Peter Howson

Publisher: The Business Year

Published:

Total Pages: 24

ISBN-13: 1912498510

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Necessity has always been the mother of invention. Time and again history has demonstrated that in times of hardship new opportunities emerge that have had a profound impact on what followed. For Kuwait, the arrival of COVID-19, as with everywhere else across the globe, has presented an unprecedented type of challenge. Kuwait's response as a country, and its ability to rally together, has not only mitigated the worst exigencies of the virus, but poised Kuwait to be ready to thrive as the new normal is established. This 24-page special report seeks to bring attention to the key themes that have emerged during this period, as well as shine a spotlight on the core decision makers whose experiences help contextualise Kuwait's wider ability to navigate the pandemic.