IMF Staff Country Reports

Kuwait: Selected Issues

August 1, 2011

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Kuwait: Selected Issues, (USA: International Monetary Fund, 2011) accessed November 23, 2024

Summary

The expenditure multipliers in Kuwait are likely to be high, and mostly operate through capital expenditure. Kuwait’s large state-controlled endowment of natural resource, pegged exchange rate regimes, and relatively open financial accounts are the mainstay. The nominal effective exchange rate diverged from the set pattern owing to higher inflation. Estimates from methodologies for exchange rate assessment indicate mixed results. Macroprudential policies in Kuwait would strengthen the management of systemic risk by reducing the probability and the impact of a financial boom-bust cycle on economic activity.

Subject: Balance of payments, Corporate sector, Current account, Economic sectors, Expenditure, Financial sector policy and analysis, Macroprudential policy, Systemic risk

Keywords: Corporate sector, CR, Current account, Current account norm, Debt, Debt to equity ratio, Expenditure multiplier, Expenditure subcomponent, Global, Government, Government expenditure, ISCR, Macroprudential policy, Systemic risk, Total debt

Publication Details

  • Pages:

    37

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2011/218

  • Stock No:

    1KWTEA2011002

  • ISBN:

    9781462327430

  • ISSN:

    1934-7685