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Record Nr. |
UNINA9910162924703321 |
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Titolo |
Kuwait : : 2016 Article IV Consultation-Press Release; and Staff Report |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2017 |
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ISBN |
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9781475566673 |
1475566670 |
9781475566710 |
1475566719 |
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Descrizione fisica |
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1 online resource (67 pages) : illustrations (some color), graphs, tables |
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Collana |
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IMF Staff Country Reports |
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Disciplina |
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Soggetti |
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Financial crisis |
Banks and Banking |
Exports and Imports |
Macroeconomics |
Public Finance |
Statistics |
Financial Risk Management |
Energy: Demand and Supply |
Prices |
Banks |
Depository Institutions |
Micro Finance Institutions |
Mortgages |
Aggregate Factor Income Distribution |
Debt |
Debt Management |
Sovereign Debt |
Fiscal Policy |
Current Account Adjustment |
Short-term Capital Movements |
General Aggregative Models: General |
Banking |
Public finance & taxation |
Econometrics & economic statistics |
Finance |
Oil prices |
Income |
Government debt management |
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Fiscal stance |
National accounts |
Public financial management (PFM) |
Balance of payments statistics |
Economic and financial statistics |
Banks and banking |
Debts, Public |
Fiscal policy |
Balance of payments |
National income |
Kuwait Economic conditions |
Kuwait |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Sommario/riassunto |
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This 2016 Article IV Consultation highlights that the economic activity in the non-oil sector in Kuwait has continued to expand, albeit at a slower pace, reflecting the impact of lower oil prices. Nonhydrocarbon growth slowed from 5 percent to an estimated 3.5 percent in 2015, as higher uncertainty weighed on consumption. Labor market reforms and efforts to promote the role of the private sector are important to foster diversification and boost job creation for nationals. Better aligning labor market incentives is necessary to encourage nationals to take on private sector jobs and private firms to create opportunities for them. |
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