Gelan, Ayele; Hewings, Geoffrey; Alawadhi, Ahmad - In: Journal of economic structures : JES; the official … 10 (2021), pp. 1-22
The Kuwaiti economy is characterized by two major structural imbalances-heavy dependence on oil production and dominance of the public ownership. Kuwait has struggled over the years to implement a two-pronged development strategy - diversifying the country's economic base away from the oil...