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008 150128 ||| eng
020 |a 9781475550818 
245 0 0 |a Kuwait  |b Selected Issues 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2013 
300 |a 43 pages 
651 4 |a Kuwait 
653 |a Energy: Demand and Supply 
653 |a Wealth 
653 |a Economics 
653 |a Asset requirements 
653 |a Income 
653 |a Capital adequacy requirements 
653 |a Banks 
653 |a Finance 
653 |a Banks and banking 
653 |a Investments: Energy 
653 |a Exports and Imports 
653 |a Mortgages 
653 |a National accounts 
653 |a Labor 
653 |a Precautionary savings 
653 |a Energy: General 
653 |a Macroeconomics 
653 |a Banking 
653 |a Income economics 
653 |a Depository Institutions 
653 |a Commercial banks 
653 |a Oil prices 
653 |a Labour 
653 |a Financial institutions 
653 |a Saving 
653 |a Micro Finance Institutions 
653 |a Financial Institutions and Services: Government Policy and Regulation 
653 |a Aggregate Factor Income Distribution 
653 |a Saving and investment 
653 |a Banks and Banking 
653 |a Consumption 
653 |a Financial regulation and supervision 
653 |a Prices 
653 |a Macroeconomics: Consumption 
653 |a Investment & securities 
653 |a Finance: General 
653 |a Financial services law & regulation 
710 2 |a International Monetary Fund  |b Middle East and Central Asia Dept 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Staff Country Reports 
028 5 0 |a 10.5089/9781475550818.002 
856 4 0 |u https://elibrary.imf.org/view/journals/002/2013/337/002.2013.issue-337-en.xml?cid=41077-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a This Selected Issues paper estimates the optimal allocation of government current spending, precautionary saving, and investment for Kuwait under uncertainty. The results show that in the face of high oil income volatility and the expected decline in oil prices, projected current spending exceeds the optimal amount over the medium term (2013–2018). However, there is room to increase investment spending, which should contribute to the growth of the tradable sector, as the projected investment rate is lower than the optimal investment rate of 20 percent of government income