Dutch disease symptoms often plague economies that experience surges in foreign exchange due to natural resource or aid income. Discussion Paper 8086 analyses how an economy's capacity for absorbing capital determines the incidence and extent of Dutch disease.
Rick van der Ploeg, Anthony Venables, 01 November 2010
Rick van der Ploeg, Anthony Venables, 02 October 2008
How should developing countries spend an unexpected surge in foreign assistance or natural resource revenues? This column makes the case for establishing a sovereign wealth fund and examines the market imperfections that may constrain such a policy.
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