AN EVALUATION OF KUWAIT'S MONETARY POLICY ADD SUGGESTIONS FOR REFORM 

by Imad Moosa Economic Research Manager Kuwait International Investment Company SAK

In the early stages of the development of oil-exporting, capital-surplus countries such as Kuwait, monetary issues tend to be afforded relatively low priority. Much greater emphasis is placed on the overriding objective of macro- economic policy, which is the disposal of the internal and external surpluses in such a way as to...