Chemingui, Mohamed Abdelbasset; Hajeeh, Mohammed - In: Public Finance Review 39 (2011) 2, pp. 288-308
effects of this volatility on an oil-based economy like Kuwait? This article examines options for policy responses from an oil …-based economy perspective. The impact of changes in domestic tax and subsidy policies on the Kuwaiti economy is estimated using a … increases or subsidy cuts, the least negative impact on household welfare is for the subsidy-reducing scenario, a reflection of …