Kuwait Outlook (2024): Diplomatic Breathing Space and Economic Diversification

“[E]scalating tensions between Israel and its regional antagonists…has stoked fears of an expansion of the war in Gaza, a factor that has muted criticism of the retreat from democracy by the US and other western allies who view Kuwait as a crucial partner and a bulwark of stability in a dangerously volatile region. The diplomatic breathing space figures to benefit the Kuwaiti regime as it makes use of its expanded powers to make rapid progress on the long-stalled program of economic diversification, a goal offered up by [Emir] Mishal as the primary justification for what is ostensibly only a temporary abandonment of democratic governance.”

Our latest Country Risk and Economic Forecasts for Kuwait (and other countries in the Middle East) have been released.

Includes back tested political regime probability scenarios over an 18-month and five-year outlook, along with the risks associated with each regime to over eleven acts of government involvement in the economy, from equity restrictions to trade barriers. Intra-regional comparisons, econometric data, and rankings also provided.

Our data drives.

Now over 6 million individually vetted geopolitical risk data points, extending to the early 1980s for over 140 countries.

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