About this document
Mitigating Dutch Disease Effects by juan carlos loyo is a document available to read on EtoBox.
This document discusses the Dutch disease phenomenon where natural resource booms can negatively impact long-term economic development. It describes how resource booms can lead to real exchange rate appreciation and indirect deindustrialization as other traded sectors become less profitable. It also explains how capital mobility can lead to direct deindustrialization as capital shifts away from other traded sectors. However, it notes that under some conditions like increasing returns and elastic labor suppl
- Author
- juan carlos loyo
- Language
- EN