Kuwait : Selected Issues

Publication Date: August 01, 2011
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Summary: The expenditure multipliers in Kuwait are likely to be high, and mostly operate through capital expenditure. Kuwait’s large state-controlled endowment of natural resource, pegged exchange rate regimes, and relatively open financial accounts are the mainstay. The nominal effective exchange rate diverged from the set pattern owing to higher inflation. Estimates from methodologies for exchange rate assessment indicate mixed results. Macroprudential policies in Kuwait would strengthen the management of systemic risk by reducing the probability and the impact of a financial boom-bust cycle on economic activity.
Series: Country Report No. 11/218
Subject(s): Corporate sector | Exchange rate assessments | Government expenditures | Nonoil sector | Selected issues

Publication Date: August 01, 2011
ISBN/ISSN: 9781462327430/1934-7685 Format: Paper
Stock No: 1KWTEA2011002 Pages: 37
US$18.00 (Academic Rate:
US$18.00 )
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