This section includes information about Kuwait’s history, geography, culture, religion, population, education sector, language, natural resources and climate.
Economy
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Chapter | Country Profile from The Report: Kuwait 2012
Nestled between Iraq and Saudi Arabia in the northwest corner of the Gulf, Kuwait has been a leader of Arab democracy and one of the most liberal nations within the GCC since the country gained independence in 1961. Economically, the country also has a bright future, with strong public finances, a young and well-educated population and vast oil deposits.
Economic update | Kuwait: Ending economic uncertainty
28 Feb 2012
Hopes are rising that January’s elections will end a period of economic uncertainty and allow the newly elected government to focus on increasing levels of foreign direct investment (FDI). Concern was mounting that Kuwait risked falling behind its regional rivals in attracting investment and diversifying its economy, despite surging oil revenues and solid growth last year.
January’s revelation that the Philippines’ economy grew 3.7% in 2011 came as the government and central bank announced new measures to further boost growth. Indeed, President Benigno Aquino’s administration plans to spend its way through current economic challenges, refocusing on domestic − rather than foreign − markets.
Economic update | Malaysia: Opening doors
22 Feb 2012
The Bank Negara Malaysia (BNM), the country’s central bank, has put in place a series of new measures aimed at boosting the competitiveness of the national economy and in particular its financial sector. It is hoped this set of reforms will help ease the impact of the European debt crisis and the threat of a further bout of uncertainty in global markets.
Articles & Analysis | Growing influence: A political and economic link between the West and the Middle East from The Report: Turkey 2012
Over the past decade, Turkey has experienced a number of important transitions that have led to demographic, economic and cultural transformation. These changes have made contemporary Turkey a regional focal point that many Turks regard as an extension of its influence in Ottoman times. Following a devastating banking crisis and economic...