Can I read Dutch Disease and Exchange Rate Value on EtoBox?

Dutch Disease and Exchange Rate Value by Gustavo Palmeira is a document available to read on EtoBox.

What is Dutch Disease and Exchange Rate Value about?

This document discusses the concept of the "Dutch disease" and proposes a theoretical model to explain it. The key points are: 1) The Dutch disease occurs when natural resource exports appreciate a currency above the rate needed to maintain competitiveness in other tradable sectors. This hinders development of more sophisticated industries. 2) There are two exchange rate equilibriums - the current account equilibrium rate and the industrial equilibrium rate needed for competitiveness. Countries with Dutc

Author

Gustavo Palmeira

Language

EN