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)
“The British are a self-distrustful, diffident people, agreeing with alacrity that they are neither successful nor clever, and only modestly claiming that they have a keener sense of humour, more robust common sense, and greater staying power as a nation than all the rest of the world put together.”
—Quoted in Fourth Leaders from the Times (1950)
“You are now
In London, that great sea, whose ebb and flow
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Yet in its depth what treasures!”
—Percy Bysshe Shelley (1792–1822)