Building Kuwait’s Future, One Small Enterprise at a Time
The number of Small-to-Medium enterprises (SMEs) in Kuwait is high, particularly in retail and non-financial services, but their overall contribution to the economy is marginal—just 3% of GDP. This paradox is especially troubling when compared to high income and emerging economies, where SMEs...
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| Format: | Brief |
| Language: | English en_US |
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World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2016/03/26018837/building-kuwait’s-future-one-small-enterprise-time-earnings-growth-employment-creation-assessment-world-bank-support-three-middle-income-countries http://hdl.handle.net/10986/23945 |
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okr-10986-239452021-05-25T10:54:43Z Building Kuwait’s Future, One Small Enterprise at a Time Abukumail, Ali H. Karam, Nadia Al-Otaibi, Ghanimah LOCAL COMMUNITY ENABLING ENVIRONMENT SHOP EMPLOYMENT GOVERNMENT ENTITIES DEVELOPMENT CLIENT ECONOMIC ACTIVITY FINANCIAL SERVICES FIRMS LICENSES CORPORATION BUSINESSES BUSINESS IDEAS BUSINESS GOVERNMENT REGULATIONS BUSINESS DEVELOPMENT COMPETITIVENESS SME EMPLOYMENT LICENSE MEDIUM ENTERPRISES VALUE CHAINS INFORMATION ENTREPRENEURS MONITORING SME DEVELOPMENT SMALL FIRMS ENTERPRISE SME BUSINESS DEVELOPMENT ACTION PLAN PIXELS ENTREPRENEURSHIP PRIVATE SECTOR LICENSING ENTERPRISES BUSINESS SUPPORT SMES DIVERSIFICATION SMALL ENTERPRISE SME CLIENTS The number of Small-to-Medium enterprises (SMEs) in Kuwait is high, particularly in retail and non-financial services, but their overall contribution to the economy is marginal—just 3% of GDP. This paradox is especially troubling when compared to high income and emerging economies, where SMEs comprise most of the economic activity in the private sector and contribute to 50% and 40% of GDP (respectively). According to a recent survey of nearly 50,000 firms in 104 countries, SMEs provide as much as two-thirds of all employment, with small firms contributing more to employment in low-income countries than high-income countries. 2016-03-15T15:45:23Z 2016-03-15T15:45:23Z 2016-03 Brief http://documents.worldbank.org/curated/en/2016/03/26018837/building-kuwait’s-future-one-small-enterprise-time-earnings-growth-employment-creation-assessment-world-bank-support-three-middle-income-countries http://hdl.handle.net/10986/23945 English en_US MENA Knowledge and Learning Quick Notes Series;No. 153 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief Middle East and North Africa Kuwait |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
LOCAL COMMUNITY ENABLING ENVIRONMENT SHOP EMPLOYMENT GOVERNMENT ENTITIES DEVELOPMENT CLIENT ECONOMIC ACTIVITY FINANCIAL SERVICES FIRMS LICENSES CORPORATION BUSINESSES BUSINESS IDEAS BUSINESS GOVERNMENT REGULATIONS BUSINESS DEVELOPMENT COMPETITIVENESS SME EMPLOYMENT LICENSE MEDIUM ENTERPRISES VALUE CHAINS INFORMATION ENTREPRENEURS MONITORING SME DEVELOPMENT SMALL FIRMS ENTERPRISE SME BUSINESS DEVELOPMENT ACTION PLAN PIXELS ENTREPRENEURSHIP PRIVATE SECTOR LICENSING ENTERPRISES BUSINESS SUPPORT SMES DIVERSIFICATION SMALL ENTERPRISE SME CLIENTS |
| spellingShingle |
LOCAL COMMUNITY ENABLING ENVIRONMENT SHOP EMPLOYMENT GOVERNMENT ENTITIES DEVELOPMENT CLIENT ECONOMIC ACTIVITY FINANCIAL SERVICES FIRMS LICENSES CORPORATION BUSINESSES BUSINESS IDEAS BUSINESS GOVERNMENT REGULATIONS BUSINESS DEVELOPMENT COMPETITIVENESS SME EMPLOYMENT LICENSE MEDIUM ENTERPRISES VALUE CHAINS INFORMATION ENTREPRENEURS MONITORING SME DEVELOPMENT SMALL FIRMS ENTERPRISE SME BUSINESS DEVELOPMENT ACTION PLAN PIXELS ENTREPRENEURSHIP PRIVATE SECTOR LICENSING ENTERPRISES BUSINESS SUPPORT SMES DIVERSIFICATION SMALL ENTERPRISE SME CLIENTS Abukumail, Ali H. Karam, Nadia Al-Otaibi, Ghanimah Building Kuwait’s Future, One Small Enterprise at a Time |
| geographic_facet |
Middle East and North Africa Kuwait |
| relation |
MENA Knowledge and Learning Quick Notes Series;No. 153 |
| description |
The number of Small-to-Medium
enterprises (SMEs) in Kuwait is high,
particularly in retail and non-financial services,
but their overall contribution to the economy is
marginal—just 3% of GDP. This paradox is
especially troubling when compared to high
income and emerging economies, where SMEs
comprise most of the economic activity in the
private sector and contribute to 50% and 40% of
GDP (respectively). According to a recent
survey of nearly 50,000 firms in 104 countries,
SMEs provide as much as two-thirds of all
employment, with small firms contributing
more to employment in low-income countries
than high-income countries. |
| format |
Brief |
| author |
Abukumail, Ali H. Karam, Nadia Al-Otaibi, Ghanimah |
| author_facet |
Abukumail, Ali H. Karam, Nadia Al-Otaibi, Ghanimah |
| author_sort |
Abukumail, Ali H. |
| title |
Building Kuwait’s Future, One Small Enterprise at a Time |
| title_short |
Building Kuwait’s Future, One Small Enterprise at a Time |
| title_full |
Building Kuwait’s Future, One Small Enterprise at a Time |
| title_fullStr |
Building Kuwait’s Future, One Small Enterprise at a Time |
| title_full_unstemmed |
Building Kuwait’s Future, One Small Enterprise at a Time |
| title_sort |
building kuwait’s future, one small enterprise at a time |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/2016/03/26018837/building-kuwait’s-future-one-small-enterprise-time-earnings-growth-employment-creation-assessment-world-bank-support-three-middle-income-countries http://hdl.handle.net/10986/23945 |
| _version_ |
1764455235229581312 |