Article Title
Document Type
Article
Abstract
After an Anglo-Persian geologist by the name of P.T. Cox produced the first evidence of oil in 1931, Kuwait would never be the same again. The whole structure of Kuwait, economically and politically, changed dramatically. Kuwait developed from a poor Middle Eastern country to one of the richest countries in the world. The population went from poor pearl divers and fishermen to some of the most powerful oil barons in the world. This paper will show the transformation of a poverty stricken country into a petroleum giant.
Publication Date
1987
Journal Title
Draftings In
Volume
2
Issue
4
First Page
36
Last Page
39
Copyright
©1987 by the Board of Student Publications, University of Northern Iowa
Language
en
File Format
application/pdf
Recommended Citation
Anderson, Steve
(1987)
"The Role of Oil in Kuwait's Economy,"
Draftings In: Vol. 2:
No.
4, Article 8.
Available at:
https://scholarworks.uni.edu/draftings/vol2/iss4/8
Comments
This issue is also considered v.3 of the initial publication series of Major Themes in Economics.