GCC countries share their national wealth with citizens through public employment and subsidies, policies that are inefficient, inequitable, economically distortive and fiscally unsustainable. This talk discusses how unconditional cash grants for adult nationals could replace government jobs and subsidies, drawing on Dr Steffen Hertog’s recent research on Kuwait. Dr Hertog's PowerPoint presentation can be viewed at https://www.lse.ac.uk/middle-east-centre/events/2021/reforming-the-Gulf-rentier-state.
LSE Middle East Centre Podcasts