Chemingui, Mohamed Abdelbasset; Hajeeh, Mohammed - In: Public Finance Review 39 (2011) 2, pp. 288-308
Oil prices increased from 2004 to historic highs in mid-2008 but have fallen precipitously since then. What are the effects of this volatility on an oil-based economy like Kuwait? This article examines options for policy responses from an oil-based economy perspective. The impact of changes in...