I'll start by a simple proposition: one of critical problems in Kuwait's economy that prevents smooth and thoughtful progress is inefficiency of the funding at any level and in any application. This is in fact severely critical, many observe it but take it for granted, and we can see that this is in fact a source of obstacles in the economic development process. An ultimate proof of my proposition is, of course, out of the context of this article. However, I'll provide hints that assist your inner common sense to believe that this proposition is inevitably true. However, before that, I'll first give an informal definition of efficient funding and then take you to a quick journey that simplifies the problem.
Efficient funding is the allocation of sufficient money to an economically positive enterprise that accelerates the economic development by impacting multiple factors and creating reusable side effects.
Consider a newspaper boy whose task is to distribute daily papers on the subscribers' doors every morning starting at 5AM. If the context is Kuwait, this is surely not a citizen since citizens are either provided government jobs, corporate jobs supported by government aid, unemployment aid as they wait for a government job, or family money. Thus, it is fair to presume that the number of newspaper boys in Kuwait that are citizens is zero. The job of this boy requires a few hours of work in the morning, depending on the volume of the paper and the number of subscribers and the number of newspaper boys, this work time could vary. However, I assume that it will not exceed a half day of work (and I define a full day as eight hours of work in normal business hours.) This newspaper boy will have to fill in his time for the other half of the day to make a living that is most likely only enough for him, but could be a hard life with a family.
Working as a newspaper boy is a result of several social problems that the person faces otherwise he wouldn't have spent a minute on this job which is highly tiring and has an extremely low income and low impact in the society. The boy must be a foreign alien as I explained earlier. He must be virtually illiterate with very limited useful education. He can barely read and write but lacks any sense of analysis, creativity, or innovation. Consequently, he may even lack reliability and he may be thought as untrustworthy as his job does not require a great deal of trust. Stealing a bunch of papers isn't going to make him money and he well realizes that he can be easily detected on the day he committed the cheating. As his unreliability is also very well expected by his boss, he is so low in income that his unreliability is of nearly no cost. It is very likely that he is very young too. Despite the irrelevance of this job, it requires physical strength. He has to walk alley to alley sometimes in excessive heat, sometimes in cold, without much support and deliver the papers. He must possess some minimum health, which also indicates he must be often very young.
Now, his job isn't even required at all! This is all a result of inefficient funding. I understand the point that is flickering in your brain; how is this a result of inefficient funding? Bare with me as I explain. This boy comes into the country at a very young age with all those undesired properties to fill in an unnecessary job. He's a foreign alien, so he cannot, even if he chooses to, pursue any useful education. He obviously won't afford a private college. However, the more interesting part is that he cannot benefit from any local governmental benefit in education as the it is very highly limited to select foreign individuals. We can safely say that all public educational institutions in Kuwait ban foreign aliens except for a few.
Those who bring this boy into the country won't even think of providing him with education and preparing him for a better job! Who cares? I want someone to distribute this bulk of papers everyday. I'm not responsible for a nobody! But let me ask, did you even need him at all? Isn't the news distributed electronically to pretty much anyone even hours before a paper is organized and printed, let alone being delivered to the customer? Isn't the paper available online, on Twitter, and in some cases on a dedicated app? Would anyone miss any piece of news if all papers stopped printing starting from tomorrow? The newspaper boy won't even have access to a network that can elevate him higher in his job. Distributing newspaper itself is a steady job that won't change in a hundred years, thus no elevation in the job itself. With his qualities, he's pretty much out of any useful job. All he can get is his current job or something that is economically equivalent.
Both the employer and the government allocate funds to unnecessary situations and ban funding where social and economical development is needed. This will lead to millions of unnecessary jobs that are filled by individuals that couldn't be given the chance and where not inspired enough to pursue economic development, resulting in a population full of problems, crimes, poverty, and economic drawbacks. On the other hand, we push many other individuals through various levels public institutions, spend enormous money on their education, and then realize that when they're in the job market, their education was frankly very ineffective. The question to be asked is that could Kuwait be a hub for those individuals that are suffering poverty, cannot be educated, live in uneducated surroundings so they can be quickly prepared for useful jobs that will accelerate its own economy? This will indeed require efficient funding.
I hope you can now extrapolate this situation into many many other cases that may not be even related and see how inefficient money or funding is destroying our economy. I'll go through some of these examples, God willing, in Part II of this article.