ABSTRACT
This chapter examines the impact of the crisis on the migrant labour market in the oil exporting economy of Kuwait. The country of Kuwait, with a geographic area of 17,818 km2, is surrounded by large powerful neighbours: Saudi Arabia to the south, Iraq to the north and Iran to the east. The macroeconomic impact is then linked to the migrant labour market for the recession in the world economy. The impact of the global financial crisis on migrant labour in an oil exporting economy is examined here in the conventional supply-demand framework. Impact analysis on labour market and coping mechanisms devised by stakeholders can be assessed only if people conduct structured primary surveys among the main stakeholders directly or indirectly affected by the financial crisis. The economy of Kuwait showed stagnation in the year 2007, at the beginning of the global financial crisis.
