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Author: Oxford Business Group
Publisher: Oxford Business Group
ISBN: 1907065873
Category :
Languages : en
Pages : 220
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Book Description
Oil production retains its key role in the economy, however plans are under way to encourage diversification away from hydrocarbons towards an economy that is more knowledge based. The political climate has been characterised of late by a number of disputes, often resulting in either the resignation of the government or the dissolution of parliament, which has contributed to the slow progress of some projects.
Author: Oxford Business Group
Publisher: Oxford Business Group
ISBN: 1907065873
Category :
Languages : en
Pages : 220
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Book Description
Oil production retains its key role in the economy, however plans are under way to encourage diversification away from hydrocarbons towards an economy that is more knowledge based. The political climate has been characterised of late by a number of disputes, often resulting in either the resignation of the government or the dissolution of parliament, which has contributed to the slow progress of some projects.
Author: Oxford Business Group
Publisher: Oxford Business Group
ISBN: 1910068403
Category : Kuwait
Languages : en
Pages : 180
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Book Description
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.
Author: Oxford Business Group
Publisher: Oxford Business Group
ISBN: 1910068659
Category :
Languages : en
Pages : 216
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Book Description
Home to the largest per capita reserves and fourth-largest total reserves of crude oil within OPEC, Kuwait’s public finances have suffered in 2016 following the rapid decline in oil prices, which drove oil revenues down from $108.6bn in 2013 to $51.8bn in 2015. Despite this Kuwait has resisted significant budgetary cutbacks: spending levels in 2016 were cut by just 1.6%, and the considerable financial buffers built up from budget surpluses in the years leading up to 2014 are expected to cushion the budget deficit. The country continues to push ahead with key public investments, with Parliament allocating $155bn to the Kuwait Development Plan 2015-20 to fund infrastructure, utilities and housing developments. The plan focuses on further integrating the private sector into areas of the economy traditionally under state control and aims to raise the non-oil sector’s GDP contribution to 64% in 2015-20, up from an average of 45.1% in 2010-13. Elsewhere promising moves are being made to cut state subsidies, with the government opting to liberalise diesel and kerosene prices and reduce subsidies on aviation fuel in January 2015, generating savings equal to 0.3% of GDP.
Author: Jeffrey D. Sachs
Publisher: Penguin
ISBN: 0143036580
Category : Business & Economics
Languages : en
Pages : 465
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Book Description
"Book and man are brilliant, passionate, optimistic and impatient . . . Outstanding." —The Economist The landmark exploration of economic prosperity and how the world can escape from extreme poverty for the world's poorest citizens, from one of the world's most renowned economists Hailed by Time as one of the world's hundred most influential people, Jeffrey D. Sachs is renowned for his work around the globe advising economies in crisis. Now a classic of its genre, The End of Poverty distills more than thirty years of experience to offer a uniquely informed vision of the steps that can transform impoverished countries into prosperous ones. Marrying vivid storytelling with rigorous analysis, Sachs lays out a clear conceptual map of the world economy. Explaining his own work in Bolivia, Russia, India, China, and Africa, he offers an integrated set of solutions to the interwoven economic, political, environmental, and social problems that challenge the world's poorest countries. Ten years after its initial publication, The End of Poverty remains an indispensible and influential work. In this 10th anniversary edition, Sachs presents an extensive new foreword assessing the progress of the past decade, the work that remains to be done, and how each of us can help. He also looks ahead across the next fifteen years to 2030, the United Nations' target date for ending extreme poverty, offering new insights and recommendations.
Author: Congressional Research Service
Publisher: Createspace Independent Publishing Platform
ISBN: 9781505204391
Category :
Languages : en
Pages : 30
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Book Description
Kuwait has been pivotal to U.S. efforts to secure the Persian Gulf region because of its willingness to cooperate with U.S. strategy and military operations in the region, its location close to both Iran and Iraq, and its role as the object of past Iraqi aggression. Kuwait arguably became even more central to the U.S. ability to project power in the northern Persian Gulf when all U.S. combat troops left Iraq in 2011. Kuwait has helped Iraq reintegrate into the Arab world; it is supporting U.S. efforts to contain Iranian power and enforce Iran sanctions; and it is procuring missile defense technology that furthers the U.S. goal of a GCC-wide missile defense network. Still, as demonstrated by the Amir's May 2014 visit to Iran, Kuwait maintains relatively normal economic and political relations with Iran so as not to provoke the Islamic Republic. Kuwait is supporting U.S.-led efforts to defeat the Islamic State organization in Iraq and Syria by placing its airbases and other military facilities at the disposal of the U.S.-led anti-Islamic State coalition-even though Kuwait is not itself participating in coalition military operations against the group. Yet, U.S.-Kuwait differences have emerged over what U.S. officials say is Kuwait's inability to stanch the flow of private Kuwaiti funds to extremist Islamist groups fighting in Syria. Kuwait's government supports the Sunni-led rebellion in Syria with humanitarian aid only. On other regional issues, Kuwait generally acts in partnership with its allies in the Gulf Cooperation Council (GCC). In March 2011, Kuwait sent naval forces as a largely symbolic participation in GCC military intervention to help Bahrain's government suppress an uprising by the majority Shiite population. Kuwait's leadership, along with that of Saudi Arabia and UAE, sees the Muslim Brotherhood organization as a domestic threat, and all three countries supported the Egyptian military's July 2013 removal of elected president and senior Muslim Brotherhood leader Mohammad Morsi from power. Kuwait has tended to defer to GCC leader Saudi Arabia and other GCC states in offering proposals to resolve the Israeli-Palestinian dispute, while expressing residual resentment of Palestine Liberation Organization (PLO) officials for supporting Saddam's invasion of Kuwait. Domestically, Kuwait's political system was in turmoil during 2006-2013, initially manifesting as parliamentary opposition to Sabah family political dominance but later broadening to visible public unrest in 2012-2013. Disputes over the ruling family's power and privileges produced repeated constitutional dissolutions of the all-elected National Assembly and new elections, the latest of which were held on July 27, 2013. The July 2013 elections produced a pro-government Assembly more amenable to working with the ruling family, ushering in a period of renewed legislative and governmental action on long-standing issues and an end to most public protest. Yet, the ruling family has not necessarily eliminated the causes of the unrest. Kuwait remains a relatively wealthy society, where most citizens do not want to risk their economic well-being to try to bring about the downfall of Al Sabah rule. The government has reduced unrest by implementing budgets replete with subsidies and salary increases, and undertaking some repressive measures such as imprisoning or revoking the citizenship of social media critics for "insulting the Amir." These measures have tarnished Kuwait's reputation as the most politically progressive of the GCC states. The years of political paralysis also have contributed to economic stagnation relative to Kuwait's more economically vibrant Gulf neighbors such as Qatar and the United Arab Emirates (UAE).
Author: Organization for Economic Cooperation and Development OECD
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 276
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Book Description
OECD Factbook 2013 is the newest edition of a comprehensive and dynamic statistical annual publication with more than 100 indicators covering - Agriculture - Economic Production - Education - Energy - Environment - Foreign Aid - Health - Industry - Information and Communications - International Trade - Labor Force - Population - Taxation - Public Expenditure - Research and Development The Factbook provides data for all OECD member countries including regional area totals, and in some cases for selected nonmember economies including Brazil, China, India, Indonesia, Russia, and South Africa. For each indicator there is a two page spread: A text page includes a short introduction followed by a detailed definition of the indicator, comments on comparability of the data, an assessment of longterm trends related to the indicator, and a list of references for further information on the indicator. The opposite page contains a table and a graph providing, at a glance, the key message conveyed by the data. A dynamic link (StatLink) for each table directs the user to a web page where the corresponding data is available in Excel(R) format.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264249427
Category :
Languages : en
Pages : 68
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Book Description
In 2009 developed countries committed to jointly mobilise USD 100 billion a year in climate finance by 2020 for climate action in developing countries.
Author: Cornell University
Publisher: WIPO
ISBN:
Category : Law
Languages : en
Pages : 416
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Book Description
The Global Innovation Index ranks the innovation performance of 142 countries and economies around the world, based on 84 indicators. This edition explores the impact of innovation-oriented policies on economic growth and development. High-income and developing countries alike are seeking innovation-driven growth through different strategies. Some countries are successfully improving their innovation capacity, while others still struggle.
Author:
Publisher: Oxford Business Group
ISBN: 1907065105
Category :
Languages : en
Pages : 206
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Book Description
Author: Souad M. Al-Sabah
Publisher: Bloomsbury Publishing
ISBN: 0857724754
Category : History
Languages : en
Pages : 224
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Book Description
Sheikh Mubarak was the founder of the modern state of Kuwait. But the man who actually led Kuwait to modernity was his son Abdullah Mubarak Al-Sabah, one of the most significant figures of Kuwait from the 1940s to Kuwaiti independence in 1961. Largely responsible for the creation of the Kuwaiti defence forces, Abdullah Mubarak Al-Sabah made a point of prioritising what he saw to be Kuwait's national interests in the face of British, American and Iranian pressures during a crucial period of change. He developed carefully crafted, cautious relations with foreign oil companies and secured Kuwait's economic standing through his driven and single-minded policies. The author here presents this part-biography, part-history of modern Kuwait, with fresh new research and insights. From America's drive to build stronger connections in the region in the 1950s, when both the Cold War and Arab nationalisms were in full play, to sensitive diplomatic issues such as water, border disputes and difficult interactions with Iraq, especially following the 1958 revolution of Abd al-Karim Qasim, the author examines Kuwait's relations with its neighbours and the West, and the role played by this pivotal figure in the country's history and development. This book makes a significant contribution to understanding the complex politics of modern Kuwait and the recent history of the Gulf States.
