Effect of Political Issues on the Finance and Common Stock in Kuwait Research Paper

Effect of Political Issues on the Finance and Common Stock in Kuwait - Research Paper Example The history, heritage and growing development of the country have allowed Kuwait to become unique in its own way. Along with modernizations being incorporated, the country also maintains its standard traditions and cultures as well (About Kuwait). As far as the economic and financial condition of the country is concerned, Kuwait in the recent years reflected improved results in the macroeconomic issues related to the country. However, there are challenges still existing for the company needing greater developments in the social and physical infrastructure of the country. This development is required for the diversification of the economic foundation of the country. Thus although the country reflected satisfactory results as far as the fiscal and external surpluses of the country are concerned, yet the concerns are in relation to the quality of the infrastructure, health and education that also considers the gross domestic product of Kuwait (Kuwait and the IMF). However, it can be rea lized in this regard that several factors may be responsible for the finance and common stock in Kuwait. The present study focuses on learning about the political factors that may have effects on the finance and common stock in the country. ... This was also followed by the reappointment of the post of Prime Minister in the country. In the present times, the situations have become violent where protestors have been found to break into the parliament and force the Royal Family to suspend the existing legislature allowing space for immediate elections. This has led to the opposition party taking the power of the majority of the parliament and a Prime Minister has been selected from a different background of the Royal Family from that what has been traditional. Disagreements and disputes between the parliament and the Prime Minister had arisen from the time when the government was being formed. There were differences in their choices where the Prime Minister wanted to involve parliamentary members in the deliberations and meetings, and the majority of the parliament had objections to it (Omar). The degree to which members of the parliament and other political performers in Kuwait opposed to each other and struggled in Parliame nt stay put restricted to the limits of the Royal Family, keeping hold of its patrimonial position in the social order. Political disagreements are, consequently, restricted to arguments between Parliament and ministers, the compelling of the Council of Ministers at the powers of the government, and, from time to time, the obligatory resignation of ministers or all the Ministers of the Council. On the other hand, modalities of antagonism in Parliament in the present times are gradually more professed as a righteous opposition to the preferences of the political management as Parliament has turned out to be ever more decisive of the Prime Minister as well and not only for the members of his Cabinet.