Tunnel Vision
By admin • Dec 11th, 2008 • Category: Special ReportIt may be in the club of affluent Gulf states, but institutional problems have left Kuwait less prepared than its neighbors to weather the slump.
It may be in the club of affluent Gulf states, but institutional problems have left Kuwait less prepared than its neighbors to weather the slump.
Faced with a stock market slump, evaporating liquidity and a major financial institution in crisis, the Central Bank of Kuwait has its work cut out.
The financial crisis will affect the availability of jobs across the region,
and it won’t just be the non-skilled workers who will be in the line of fire.