Kuwait : From Reconstruction to Accumulation for Future Generations

Author/Editor:

Alexei P Kireyev ; John F. Wilson ; Mohamed A. El-Erian ; Nigel A Chalk ; Susan Fennell

Publication Date:

April 30, 1997

Summary:

Kuwait has made an impressive recovery from the damage and disruptions caused by the Iraqi invasion in 1990, as evidenced by the restoration of basic economic and social services, the recovery of the oil sector, the rehabilitation of infrastructure, and the steady reduction in the fiscal and balance of payments deficits. This paper examines recent developments in the Kuwaiti economy and discusses the country's medium-term policy challenges of saving for future generations, strengthening the financial sector, and improving the functioning of the labor market.

Series:

Occasional Paper No. 150

English

Publication Date:

April 30, 1997

ISBN/ISSN:

9781557756237/0251-6365

Stock No:

S150EA0000000

Price:

$15.00 (Academic Rate:$12.00)

Format:

Paper

Pages:

59

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