Thursday 2 February 2012

Kuwait: political infighting delays economic development | beyondbrics – FT.com

As Kuwaitis went to the polls on Thursday, in the fourth parliamentary elections since 2006, they had little hope of an end to the political bickering which has persistently held back the economy of the oil-rich Gulf state.

While the opposition is set to gain seats, increasing the pressure on the government for change, the result isn’t expected to produce a breakthrough. Kuwaitis face more of the same in economic terms – a general failure to keep pace in GDP growth with other Gulf oil states or to modernise at the same pace.

The poll follows months of unprecedented anti-government protests triggered by Arab spring demonstrations in other Middle East countries and by corruption allegations against Sheikh Nasser Al-Mohammed Al-Sabah, who quit as prime minister in November.

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