Analysis of Oil Prices Fall in Relation to Kuwait’s Current Deficit Crisis

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Analysis of Oil Prices Fall in Relation to Kuwait’s Current Deficit Crisis

(Paper will be published and peer evaluated)
(I basically need to analyze the reasons for oil price fall, make a regression model, discuss impact on GCC and Kuwait, analyze what Kuwait and GCC have done to face the problem, and make any relevant recommendations)

Introduction: –
-State what is the problem you need to analyze
-Methodology used
-expected outcomes

Body: –
-Reasons of falling prices (supply, demand, shale oil, geopolitical, global decline in economic growth, strong US $, etc..)
-Analyze the trend of oil prices
-Econometric work using a simple regression of different independent variables against the oil price as the dependent variable.
-implications of falling prices on Arab Gulf Countries Council (GCC) and Kuwait in particular.
-Give some background about the fiscal measures and deficit scenarios in GCC and Kuwait.
-Response of Kuwait to fiscal pressure.
-Evaluation of proposed plans
-Conclusion and policy recommendation
-We need a comprehensive set of statistics, analysis, and graphs to support the case.

Sources: –
-All references should be scholarly
-No specific number is needed. I just put at least 20 considering that my rejected draft used 13 references.
-Must refer to: Saudi 2030 Vision
-Must refer to what Kuwait, UAE, Bahrain, and Oman did to face the crisis.
-OPEC web site: Oil Market Reports, annual statistic bulletin, and oil world bulletin
-World energy agency