Dealing with Dutch Disease
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Macroeconomics and Economic Growth-Economic Conditions and Volatility Finance and Financial Sector Development-Debt Markets Private Sector Development-Emerging Markets Economic Theory and Research Macroeconomics and Economic Growth-Economic Stabilization
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Cross-country empirical work confirms that resource exports are associated with smaller tradable goods sectors.
“and cross-country empirical work confirms that resource exports are associated with smaller tradable goods sectors.”
From Using Natural Resources for Development: Why Has It Proven So Difficult? (2016) · cites this paper as Brahmbhatt, Canuto, and Vostroknutova (2010)
The repository description of Dealing with Dutch Disease (no page given) says that oil or mineral discoveries could be accompanied by contraction or stagnation in manufacturing and agriculture. It presents this as a theoretical possibility, not as a finding confirmed by cross-country empirical work about resource exports and the size of tradable goods sectors. (LLM, conf=0.77)
Experimental — accuracy not yet measuredCountries in which the resource sector accounts for more than 30 percent of GDP have a nonresource tradable sector 15 percentage points lower than the norm.
“Brahmbhatt, Canuto, and Vostroknutova (2010) find that countries in which the resource sector accounts for more than 30 percent of GDP have a nonresource tradable sector 15 percentage points lower than the norm”
From Using Natural Resources for Development: Why Has It Proven So Difficult? (2016) · cites this paper as Brahmbhatt, Canuto, and Vostroknutova (2010)
The available copy’s description of the note (no section or page given) says Dutch disease could involve contraction or stagnation of manufacturing and agriculture. Searches for the 30-percent GDP threshold and 15-percentage-point difference found no passage reporting that comparison; the available text does not verify the attributed finding. (LLM, conf=0.69)
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Percentages, sums and reported differences re-computed from the paper’s own numbers.
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Cites
Booming Sector and De-Industrialisation in a Small Open Economy
Corden, W. M., & Neary, J. P. (1982) · The Economic Journal · doi:10.2307/2232670 · Cited by 3,298 · see citing works
The Structural Manifestation of the ‘Dutch Disease’: The Case of Oil Exporting Countries
Ismail, K. (2010) · IMF Working Papers · doi:10.2139/ssrn.1594548 · Cited by 111 · see citing works
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Using Natural Resources for Development: Why Has It Proven So Difficult?
Venables, A. J. (2016) · Journal of Economic Perspectives · doi:10.1257/jep.30.1.161 · Cited by 634 · see citing works
- Authors
- Brahmbhatt, M., Canuto, O., & Vostroknutova, E.
- ORCID
- Brahmbhatt, Milan
- Venue
- World Bank, Washington, DC eBooks
- Publisher
- World Bank, Washington, DC
- Published
- 2010-06
- Issue
- 16
- Pages
- 1-7
- OpenAlex
- W1811530127
- Cited by
- 74
- References
- 2
- Citations by year
- 2026: 2 · 2025: 3 · 2024: 1 · 2023: 5 · 2022: 3 · 2021: 5 · 2020: 4 · 2019: 4 · 2018: 1 · 2017: 8 · 2016: 4 · 2015: 5 · 2014: 8 · 2013: 9 · 2012: 7
- FWCI
- 7.34
- Type
- book
- Language
- en
- Open access
- green
- hdl.handle.net
- Licence
- cc-by
- Locations
- World Bank, Washington, DC eBooks (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- World Bank Publications (submittedVersion)
- The World Bank Open Knowledge Repository (World Bank) (submittedVersion, cc-by)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Finance › Global Financial Crisis and Policies
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Monetary Policy and Economic Impact
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Economic Theory and Policy
- Keywords
- Dutch disease, economic growth, economic stabilization, debt markets, private sector development, emerging markets, economic volatility
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