Freedom and Prosperity Around the World
Feb 11, 2025
Monopolization is stifling Kuwait’s economy—it’s time to rethink top-down policies
By
Rabah Arezki
Since Emir Mishal dissolved parliament in May 2024, Kuwait has faced a political crisis. Meanwhile, economic challenges loom as the oil era wanes. To remain competitive, Kuwait must break up monopolies, foster innovation, and transition from top-down planning to a market-driven approach. In doing so, following regional models while empowering entrepreneurs and diversifying its economy will be crucial.
