Diversification in Gulf hydrocarbon economies and interactions with energy subsidy reform: lessons from Kuwait
After the recent oil price declines in mid-2014, Middle East and North Africa (MENA) oil exporters including Kuwait reduced energy subsidies and passed economic diversification-enhancing policies in an attempt to improve fiscal balance and economic sustainability. This paper argues that these econom...
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| Format: | Working paper |
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Oxford Institute for Energy Studies
2019
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