Impacts of Fiscal Legal Setting and Institutions on Budget Outcomes in the Rentire State of Kuwait

Abbas Al-Mejren ()
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Abbas Al-Mejren: Kuwait University

No 920, Working Papers from Economic Research Forum

Abstract: This study addresses the impact of the legislative setting, institutions, and political structure on the public budget in the State of Kuwait. This is an issue that has gained sizable attention, from both theoretical and empirical dimensions, in recent decades. In this respect, Kuwait represents a special case among her peers of rentier states in the GCC region because it is adopting a semi-democratic political structure, which simultaneously combines features of presidential and parliamentary systems. This structure is influenced by the prevailing interests and dynamic relationships between the limbs. The study focuses, systematically, on three thematic areas: legislative, institutional, and evolution of public revenues and public spending. Through this approach, the study attempts to dig out the effects and consequences of the institutional settings on the country’s fiscal outcomes. The public budget and fiscal account data used for this purpose cover the period from FY 1970/71 to FY 2013/14.

Pages: 41
Date: 2015-06, Revised 2015-06
New Economics Papers: this item is included in nep-ara and nep-pol
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Citations: View citations in EconPapers (3)

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