Wealth masks economic stagnation.

The author reflects on the current state of Kuwait's economy. He mentions that with a record budgetary surplus of almost $35 billion expected in 2008, Kuwait is one of the world's richest countries. However, he points out that political stagnation would make the country's economic growth lag behind...

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Publicado en:MEED: Middle East Economic Digest Vol. 52; no. 13; pp. 32 - 34
Autor principal: James, Ed
Formato: Editorial
Publicado: MEED Media FZ LLC 3/28/2008
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        Kuwaiti economy
        Budget surpluses
        Gross domestic product
        Economic development
        Kuwaiti politics & government
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          Kuwait
          Kuwaiti economy
          Budget surpluses
          Gross domestic product
          Economic development
          Kuwaiti politics & government
      ab: The author reflects on the current state of Kuwait's economy. He mentions that with a record budgetary surplus of almost $35 billion expected in 2008, Kuwait is one of the world's richest countries. However, he points out that political stagnation would make the country's economic growth lag behind other Middle East states. He argues that Kuwaitis should feel richer with nominal GDP has more than doubling to $101.6 billion from $38 billion in 2002
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