When and Why Worry About Real Exchange Rate Appreciation? : The Missing Link Between Dutch Disease and Growth.
We review the literature on Dutch disease, and document that shocks that trigger foreign exchange inflows (such as natural resource booms, surges in foreign aid, remittances, or capital inflows) appreciate the real exchange rate, generate factor reallocation, and reduce manufacturing output and net...
مؤلف مشترك: | |
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التنسيق: | دورية |
اللغة: | English |
منشور في: |
Washington, D.C. :
International Monetary Fund,
2010.
|
سلاسل: | IMF Working Papers; Working Paper ;
No. 2010/271 |
الوصول للمادة أونلاين: | Full text available on IMF |