StudentShare solutions
Triangle menu

How Can Political Factors Affect Finance In Kuwait - Research Paper Example

Not dowloaded yet

Extract of sample
How Can Political Factors Affect Finance In Kuwait

The wave of democracy in this country is based on the decision to control oil companies. This is because over 35 percent of the world’s energy consumption is based oil fuels. It is believed that the pivotal factor affecting democratization in Kuwait is the production of oil. This is because the entire economy of Kuwait revolves around oil and other hydrocarbons investments. In addition, the government provides security and employment of people because of acceptance in the recent political order. However, it is also clear that royal Al-Sabah family has ruled the country with an iron fist without detaching themselves from the society and its people due to their vast wealth. The factors of democratization engage in recreation, an essential responsibility in the society of Kuwait. This means that the stronger these institutional factors are entrenched into Kuwaiti’s society the more democracy is achieved. Due to these democratic elements, Kuwait is the chosen country of research on how political factors affect finance in Kuwait. The investigative factors in Kuwait go beyond state model. This is because oil factor in this country together with other extreme generous welfares gives the basic reasons why the current state of Kuwait is not developed into a democracy nation. In this research paper, I will investigate how the political system in Kuwait has affected its finance and economy. Democratization in Kuwait Over the years, Kuwait has achieved a transition from non-democratic to a democratic system. However, in order to achieve full democratization in this country, some degree of liberation must occur in the economy. In addition, political liberation must be achieved in order to have economic growth and development. This means the expansion of public space through recognizing and protecting civil and political liberties. In Kuwait, the line between democratization and liberalization is always vague to an extent of confusion (Thuroczy 2010). Although Kuwait has stable political system with citizens voting for their preferred candidate in free and fair elections, the country faces some limitations on how oil is managed. This is because the government collects no key taxes from other resources and thus relies on income achieved from oil and other foreign investments. The effect of oil in this country is therefore, considered the main cause of lack of economic and political reforms. Additionally, other aspects are overlooked and play a great role in the development of politics in Kuwait (Thuroczy 2010). According to UN’s development index, Kuwait is a highly developed country compared to other countries along the Persian Gulf. Although there is no doubt that oil in this country has increased education and income levels of people in this country, there are massive troubles in the welfare of the state (Thuroczy 2010). In addition, there is no maximum guarantee in the employment of the youths in this country. This indicates that oil in this country is the biggest hindrance to the progress of democracy and economic growth. Political Analysis It is worth noting that common stock refers to the stake that a person or a registered company owns in a given organization. Such stake gives such a person or organization the power to make important decisions such as voting in the organization. The difference between common stock and preferred stock is that every stakeholder in case of bankruptcy has to be paid first before the common stock holder receives anything. Politics play a critical role in the success of any given organization. This can be attributed to the fact that all actions of an organization have to adhere to the ...Show more

Summary

How Can Political Factors Affect Finance In Kuwait? Kuwait has a long-term tradition in its parliamentary system. This is because political disputes are not only centered in the government and the royal family but also in the extent of its citizens. …
Author : littlealta
How Can Political Factors Affect Finance In Kuwait essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the research paper on your topic
"How Can Political Factors Affect Finance In Kuwait"
with a personal 20% discount.
Grab the best paper

Related Essays

Effect of Political Issues on the Finance and Common Stock in Kuwait
It has become one of the most popular countries after the discovery of oil thereby leading to greater developments of the country that once was involved only in fishing, pearl diving and trading. Now the country is capable of securing its infrastructures and facilities and its excellence in the use of technological advancements.
10 pages (2500 words) Research Paper
How do the social, cultural, political, or historical events affect Huck Finn by Mark Twain
William Shakespeare was adept in portraying different times and cultural contexts in his plays that tackle monarchical themes. A lot of the vivid things that we know from historical events come from books and films that specifically confront them.
5 pages (1250 words) Research Paper
Pestel Analysis, Political and Legal Factors
Changes in the macro-environment of a business are caused by the radical changes that characterize the modern society (Grant 65). A pestle analysis is the most appropriate tool applied in the analysis of external business environment. The analysis provides a framework on how political, economic, social, and technological factors determine a business environment.
5 pages (1250 words) Research Paper
Kuwait
They tried to cut close relations with the Ottoman rule, therefore, they established friendly relationships with the British, and through this they became a British protectorate in 1899. Being a strong economy in trading pearls, Kuwait collapsed at the introduction of artificial pearls in 1920.
3 pages (750 words) Research Paper
Factors that Affect Job Performance
Overall performance posted by an organization largely depends on the performance of employees within that organization. There are various factors that contribute to the performance of employees within an organization. Management evaluates these factors to help them implement measures to improve performance within the organization.
4 pages (1000 words) Research Paper
How music affect the brain
Music is a kind of perpetual illusion, similar to how a collage is perceived. The order and structured is imposed by the brain over a sequence of sounds helps establish a completely different system of meaning. Understanding of the underlying structure of music plays a very important role in determining an individual’s ability to appreciate music.
7 pages (1750 words) Research Paper
How does globalization affect women
"Globаlizаtion" refers to the free flow of cаpitаl аnd the removаl of trаde bаrriers between stаtes, аs well аs to the аccompаnying culturаl trаnsformаtions аnd exchаnges. The relаtionship between the globаlizаtion of cаpitаl аnd mаrkets, on the one hаnd, аnd the globаlizаtion of culture, on the other, vаries depending on the context.
18 pages (4500 words) Research Paper
Gender differences and factors that affect stock
se of why the article should be published, why the article should NOT be published, or where the article needs to be revised so that following those revisions is can be resubmitted. The stock investment decision is affected by many factors. Different studies on behavioral
1 pages (250 words) Research Paper
How technology affect socitey
ogical revolution enabled development of major technologies that have affected the society in various ways like the way people communicate and interact; as well, society has been instrumental in the development of the technologies. Nevertheless, the technological advances have
6 pages (1500 words) Research Paper
How Colors Affect Us
It can sway our thoughts, change our actions, and initiate reactions. Chromo dynamics is the study of colors and its psychological effect on people (Hari, 2011). Despite the fact that countless number of
6 pages (1500 words) Research Paper
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation