01627cas a2200241 a 4500 AALejournalIMF011206 230101c9999 xx r poo 0 0eng d 5.00 USD 9781462327430 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Kuwait : Selected Issues. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (37 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The expenditure multipliers in Kuwait are likely to be high, and mostly operate through capital expenditure. Kuwait's large state-controlled endowment of natural resource, pegged exchange rate regimes, and relatively open financial accounts are the mainstay. The nominal effective exchange rate diverged from the set pattern owing to higher inflation. Estimates from methodologies for exchange rate assessment indicate mixed results. Macroprudential policies in Kuwait would strengthen the management of systemic risk by reducing the probability and the impact of a financial boom-bust cycle on economic activity. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2011/218 Full text available on IMF http://elibrary.imf.org/view/journals/002/2011/218/002.2011.issue-218-en.xml IMF e-Library