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Kuwait


  • 15-April-2021

    English

    OECD Reviews of Innovation Policy: Kuwait 2021

    The slowdown in market demand for oil is putting increasing pressure on Kuwait's current economic and social model. This model is based on the distribution of petroleum export proceeds to Kuwaiti citizens, with relatively limited long-term investment in knowledge production and the upgrading of the national innovation capacity. The transition towards a knowledge-based society – where value creation, the resolution of societal challenges and the well-being of society at large will be based on the production, diffusion and implementation of knowledge – is becoming an imperative. This is recognised within the national development strategy which formulates the objective of attaining 'Smart Kuwait' by 2035. Such a transition is challenging and can only be achieved through the build-up of appropriate governance of the STI system with adequate institutions such as a Ministry and a professional agency with a mandate for research and innovation. This set-up should help raise awareness and reduce barriers to innovation, reinforce the scientific research base, develop the support for business innovation, foster knowledge diffusion and co‑creation between science and industry, build up the human capital needed, and establish the role of science, technology and innovation in tackling Kuwait's societal challenges.
  • 11-June-2020

    English

    How Islamic finance contributes to achieving the Sustainable Development Goals

    This report identifies the opportunities that Islamic finance presents for donors. To achieve these, Arab and OECD Development Assistance Committee donors need to mobilise innovative forms of financing and deliver the call to deepen the transformation of development finance systems. DAC members could do so by broadening and deepening exposure to alternative forms of financing, such as Islamic finance. Islamic finance represents USD 2.5 trillion – a share of which could be mobilised for development – and its tenets resonate across the member countries of the Organisation for Islamic Cooperation and beyond. Arab donors could harness Islamic finance, as a means to strengthen partnerships with DAC members, whilst increasing the effectiveness of existing aid flows in countries and contexts where they have considerable access. Doing so could create a more equitable and stable development finance order capable of delivering the SDGs and achieve greater impact in partner countries. Both communities would then be able to chart a path for all development actors, notably the private sector, development finance institutions and other bilateral donors. This report provides a set of action points for Arab and DAC donors, highlighting the benefits of engaging in and co-operating through Islamic finance.
  • 1-March-2018

    English

    Kuwait becomes Participant in the OECD Development Assistance Committee (DAC)

    Kuwait became a Participant in the Development Assistance Committee (DAC) on 30 January 2018. With Kuwait, the DAC has the opportunity to learn from and integrate the perspectives, lessons learnt and experience of an important Arab provider of development co-operation. In 2016, Kuwait disbursed USD 1 billion in net official development assistance (ODA).

  • 14-June-2017

    English

    Kuwait's Official Development Assistance (ODA)

    In 2015, net ODA reported by the Kuwait Fund for Arab Economic Development (KFAED) amounted to USD 304 million, representing an increase of 22% in real terms over 2014. Kuwait’s total involvement in development co-operation exceeds this amount but the volume of the activities of other institutions is not known.

  • 3-October-2011

    English

    Summary - IGF Open Forum on “principles for an open Internet"

    On 30 September 2011, 9:00-10:30, the OECD organised a very successful Open Forum at the Internet Governance Forum (IGF) on basic principles for Internet policy making to help ensure the Internet remains open and dynamic

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  • 3-February-2009

    English

    MENA (Middle East and North Africa)-OECD Investment Programme

    The MENA-OECD Investment Programme seeks to mobilise investment—foreign, regional and domestic—as a driving force for growth, stability and prosperity throughout the Middle East and North Africa (MENA) region. This programme is part of the MENA-OECD Initiative on Governance and Investment for Development (www.shzhuhao.com/mena).

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