Webthe literature as the Dutch disease.1 A vast literature has investigated, on both theoretical and empirical grounds, this phenomenon seeking to bring evidence for its existence in natural resource-rich economies. Initially though, scholars mainly paid attention to the theoretical foundations of the Dutch disease concept. The seminal work by WebJul 1, 2010 · The theory explaining the Dutch Disease phenomenon is that an economy develops a destructive dependence on any disproportionately valuable and abundant resource. Labor and other input factors ...
Dutch Disease Definition & Example - Quickonomics
WebMay 1, 2024 · Empirical results also indicate that remittances may indirectly affect real exchange rate leading to the “Dutch Disease” phenomenon, where remittances inflow causes a real appreciation, or postpones depreciation, of the exchange rate. Exchange rates appreciate in countries with large remittances which will in turn hurt the economic growth. … Webof Dutch disease is an equilibrium phenomenon that reflects a change in underlying fundamentals. However, to the ex - tent that the real exchange rate overshoots and … sohay front
Economics 101: what is Dutch disease and why hasn’t ... - The …
WebSpecifically, the Dutch disease phenomenon, which has crippled several economies, has been studied extensively. It is urgent to prevent the Guyanese economy from gravitating … WebRecent Nigerian Development And The Dutch Disease Economics Essay. Nigeria is the second largest economy in Africa, with a GDP of $244 billion (2011 – according to World Bank) behind South Africa with a GDP of $408.2 billion. It is the largest economy in the West African region, its population accounts for over 60% of the total population of ... WebDutch disease is a concept that describes an economic phenomenon where the rapid development of one sector of the economy (particularly natural resources) precipitates a … so ha w anderson