Kuwait Selected Issues

This Selected Issues paper analyzes energy price reform in Kuwait. It emphasizes that Kuwait should take advantage of current low global energy prices to strengthen efforts to reform domestic energy prices. In the longer term, this would benefit growth by increasing efficiency in the economy and cre...

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Bibliographic Details
Corporate Author: International Monetary Fund Middle East and Central Asia Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2015
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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020 |a 9781513512266 
245 0 0 |a Kuwait  |b Selected Issues 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2015 
300 |a 67 pages 
651 4 |a Kuwait 
653 |a Depository Institutions 
653 |a Energy: Demand and Supply 
653 |a Inflation 
653 |a Banks 
653 |a Finance 
653 |a Labour; income economics 
653 |a Employment; Economic theory 
653 |a Industries: Financial Services 
653 |a Deflation 
653 |a Ownership & organization of enterprises 
653 |a Micro Finance Institutions 
653 |a Labor markets 
653 |a Aggregate Labor Productivity 
653 |a Unemployment 
653 |a Fuel prices 
653 |a Mortgages 
653 |a Demand and Supply of Labor: General 
653 |a Aggregate Human Capital 
653 |a Labor 
653 |a Property & real estate 
653 |a Price Level 
653 |a Loans 
653 |a Consumption; Economics 
653 |a Banks and Banking 
653 |a Labor market 
653 |a Macroeconomics 
653 |a Prices 
653 |a Banking 
653 |a Wages 
653 |a Intergenerational Income Distribution 
653 |a Energy prices 
653 |a Employment 
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 10.5089/9781513512266.002 
856 4 0 |u https://elibrary.imf.org/view/journals/002/2015/328/002.2015.issue-328-en.xml?cid=43430-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a This Selected Issues paper analyzes energy price reform in Kuwait. It emphasizes that Kuwait should take advantage of current low global energy prices to strengthen efforts to reform domestic energy prices. In the longer term, this would benefit growth by increasing efficiency in the economy and creating space for higher public and private investment. In the short-term, one-off effects on inflation should be manageable. Productive activities more sensitive to energy costs, particularly the transport sector, would be able to adjust to higher energy prices more easily if the reform is gradual