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TitreHow to Cope with Dutch Disease in Least Developed Countries
AuteurJan Priewe
ThèmeEconomic Development
Date de publication2011
ÉditeurEconomic Policy Research Centre (EPRC)
Nombre de pages04 pages
LangueEnglish
Couverture géographiqueAfrica, Uganda
Mots clésOil Industry, Least Developed Countries (LDCs), Economic Growth
RésuméAfrica is going to discover and extract more and more of its natural resources. Many expect that this will be a big blessing for Sub-Saharan Africa and other Least Developed Countries (LDCs) and will lift many out of poverty. History shows, however, that in terms of economic growth, oil-rich countries performed worse than countries with no relevant natural resources (Sachs and Warner 2001 for the period 1970-89) as they had suffered from Dutch disease, which had led to currency appreciation. Therefore lessons should be learnt from resource-rich countries, both positive and negative
Détenteur du copyrightEconomic Policy Research Centre (EPRC)
Copyright URLhttp://www.eprc.or.ug
Taille du fichier559215 MB
Format du fichierPDF
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