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Dealing with Dutch Disease [PDF]
Economic Premise, 2010 This note looks at so-called Dutch disease, a phenomenon reflecting changes in the structure of production in the wake of a favorable shock (such as a large natural resource discovery, a rise in the international price of an exportable commodity, or the presence of sustained aid or capital inflows).
Milan Brahmbhatt +2 more
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UNIONS, DUTCH DISEASE AND UNEMPLOYMENT
Oxford Economic Papers, 1988Models are needed that can explain both the recent structural chang e in the U.K. economy and the possibility that this might have long-r un effects on unemployment. The major results are that arise in material prices is likely to increase long-run unemployment for countries that are net importers of materials, but might lower it for net exporters ...
Chatterji, Monojit, Price, Simon
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The `Dutch Disease': A Disease After All?
The Economic Journal, 1984Many third world oil producers are encountering serious problems in building up a diversified export base, while West European oil and gas producers (Netherlands, United Kingdom) are suffering a decline in their traded goods (manufacturing) sector induced by real wage pressures. It is becoming increasingly clear that high but temporary oil revenues may
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Services, Inequality, and the Dutch Disease [PDF]
, 2014 This paper shows how Dutch disease effects may arise solely from a shift in demand following a natural resource discovery. The natural resource wealth increases the demand for non-tradable luxury services due to non-homothetic preferences. Labor that could be used to develop other non-resource tradable sectors is pulled into these service sectors. As a
Battaile, Bill +2 more
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Oil stock discovery and Dutch disease [PDF]
, 2008 We set out a model of a small open economy exporting oil and a traditional exportable in return for produced capital. The small open economy also has local production of a non-traded good. We first observe that the size of the traditional export sector declines with an exogenous increase in the country's oil stock. Strong Dutch disease (SDD) involves a
John Hartwick, Kirk Hamilton
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Is there a Dutch disease in Botswana?
Resources Policy, 2010Abstract The Dutch disease is regularly evoked in the resource curse literature and remains a frequent explanation for the poor economic performance found in many resource-rich countries. Given Botswana's high rate of per capita GDP growth, it might seem superfluous at first glance to ask whether or not there is a Dutch disease in Botswana.
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SSRN Electronic Journal, 2014
Dutch Disease emerged as a journalistic label that subsequently prompted theoretic treatments in various fields, including trade, growth and development, fiscal policy, monetary policy, industrial policy, and public policy management. The resulting body of theoretical and empirical work demonstrates that resources are not a curse per se but the ...
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Dutch Disease emerged as a journalistic label that subsequently prompted theoretic treatments in various fields, including trade, growth and development, fiscal policy, monetary policy, industrial policy, and public policy management. The resulting body of theoretical and empirical work demonstrates that resources are not a curse per se but the ...
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40 Years of Dutch Disease Literature: Lessons for Developing Countries
Comparative Economic Studies, 2021Edouard Mien, Michael Goujon
exaly