Goal programming and game theoretic analyses of some problems of economic policy for Kuwait and the Middle East

Thesis/Dissertation · Wed Jan 01 04:00:00 EST 1986

OSTI ID:7144219

Al-Saffar, A K.A.A.

This study focused on the State of Kuwait, an oil producing country that suffers severely from several problems and will face a potentially series economic and social aftermath if decisive planning measures are not put into operation early for the so-called post-oil era. These problems stem from the over dependence on one single exhaustible natural resource, crude oil, which carries with it considerable risks both in the short and long terms. Another problem facing Kuwait is the dependence on an imported heterogeneous labor force accounting for at least two-thirds of available manpower. This could represent a threat to social harmony and potential stability. The last problem posed is the nature of the absorptive capacity and the limitations of the economy of Kuwait and the imbalances arising from the surplus capital generated from crude oil revenue. An attempt was made to propose strategies for development planning using goal programming, with the aim of achieving social harmony and political stability, thereby developing a balanced economic base. Three planning models focused specifically on Kuwait, which also can be used in the case of other countries were developed.

• Research Organization: Texas Univ., Austin (USA)
• OSTI ID: 7144219
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200* -- Energy Planning & Policy-- Economics & Sociology
294002 -- Energy Planning & Policy-- Petroleum
ASIA
CAPITAL
DEVELOPING COUNTRIES
GAME THEORY
INSTITUTIONAL FACTORS
KUWAIT
MATHEMATICAL MODELS
MATHEMATICS
MIDDLE EAST
OIL-EXPORTING COUNTRIES
PLANNING
SOCIO-ECONOMIC FACTORS
STATISTICS