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Volume :24 Issue : 92 1999      Add To Cart                                                                    Download

THE ROLE OF PUBLIC EXPENDITURE IN ACHIEVING ECONOMIC STABILIZATION IN THE STATE OF KUWAIT

Auther : Dr. Ahmad Mouneer Najjar

 

In this paper, we analyze the role of the public expenditure in the fiscal policy achieving the economic stability as it is expressed by KEYNES.

The question is: Does Kuwait benefit from its public expenditure since 1950 in achievement of the economic stability?

The paper concentrates on one side of the Fiscal Policy (public expenditure) in Kuwait for a good reason that it is the dominating factor in the economic activities. The deficit appears as a temporary phenomenon, recently it becomes as a durable one especially after the invasion of Kuwait in August 1990. The government tries to revise the structure of its Fiscal policy, privatization is considered as one of the instruments related to the Fiscal policy. The paper tries to find the relationship between the above elements and the impact of a change in public expenditure on the Kuwaiti economy.

 

 

 

 

 

 

 

 

 

 

 

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