Economy in Greater Depth
Kuwait is one of the richest countries in the Muslim world. Current GDP per capita reached astonishing peak growth of 439% in the 1970s. But this proved unsustainable and contracted by 58% in the 1980s. However rising global oil demand helped register growth of 91% in the 1990s. Diversification is a long-term issue for this over-exposed economy.
Read more about this topic: Economy Of Kuwait
Famous quotes containing the words economy, greater and/or depth:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“Since I am a man, my heart is three or four times less sensitive, because I have three or four times as much power of reason and experience of the world—a thing which you women call hard-heartedness. As a man, I can take refuge in having mistresses. The more of them I have, and the greater the scandal, the more I acquire reputation and brilliance in society.”
—Stendhal [Marie Henri Beyle] (1783–1842)
“People who comprehend a thing in all its depth seldom remain true to it forever. For they have brought its very depth to light: and there is always so much nastiness to see there.”
—Friedrich Nietzsche (1844–1900)