Recommending and discussing five policies to protect and support the local companies in Kuwait
Kuwait is the fourth richest country based on per capita in the world as the GDP per capita of Kuwait touched to $69,700 in 2017 (Kennedy 2016). The inflation rate in Kuwait is 2.5% and the unemployment rate in Kuwait was 2.1% in the year 2017. Most of the industries in Kuwait are associated with petrochemicals, petroleum, shipbuilding, cement and food processing and desalination and construction materials. Kuwait scores 62.2 in Economic Freedom and it is the 81
st freest economy in 2018 (Edris 2017). The competitive advantage of a country mainly rests on the cheap labour and it is the ability of the nation to grow easily.