Employment Creation in an Oil-Based Economy: Kuwait
Abstract
If economic adjustment to lower oil revenues and the uncertainties
created by the Iran Iraq war were the main constraints to Kuwait's growth
in the 1980s, reconstruction from the Iraqi invasion, economic diversification
and generating productive employment opportunities for a
Kuwaiti population less dependent on foreign workers are the challenges
of the 1990s. Development priorities for the remainder of the 1990s will
include: reconstruction, mobilizing private sector resources, economic
diversification and the creation of jobs for the growing number of young
nationals coming into the labor market from universities. It is anticipated
that rebuilding the economy will take between five to ten years.
Description
Middle Eastern Studies, July 1992. Reprinted in Tim Niblock and Rodney Wilson, The Political Economy of the Middle East (London: Edward Elgar, 1999).
Refereed Journal Article