Economic Dependence on Oil

The economy of Kuwait is almost wholly dependent on oil. Such dependence on a depletable resource invariably stores up problems for the future, and in the case of Kuwait, these problems are aggravated by the unusually large proportion of skilled immigrant labour in the country. Dr Al-Sabah’s analysis of the economy of Kuwait, first published in 1980, puts forward suggestions that would remedy the problems of this dual dependence, and indicates the room for substantial improvement in the various sectors of the Kuwaiti economy.