ABSTRACT

The growing symptoms of affluence are manifested in virtually all forms of activity in Kuwait. More and more Kuwaitis have the means to leave the country during the hot summer months. Most of Kuwaiti consumer demand is focused on foreign-made goods. Kuwaitis can afford to buy the best. Foreign business contact with Kuwait has been commercial and trade-oriented, with the large exception of the oil companies. Executives of these companies have been cooperative in hiring qualified Kuwaitis whenever possible. The government has played an important role in the growth of private enterprise in Kuwait. The strength of entrepreneurship ranks perhaps second in the factoral makeup of the economy after capital. Aside from the longer range goal of forging an economy capable of sustained growth in the absence of large oil revenues, most would agree that the next most immediate problem in Kuwait has been how to effectively diffuse and redistribute government wealth.