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...

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Xehetasun bibliografikoak
Erakunde egilea: International Monetary Fund
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2010.
Saila:IMF Working Papers; Working Paper ; No. 2010/271
Sarrera elektronikoa:Full text available on IMF