Series: IMF Working Papers
Author(s): Mwanza Nkusu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2004
Keywords: Exchange Rate, and Poverty, dutch disease, real exchange rate, foreign exchange, exchange rates, Economic Growth of Open Economies, Welfare and Poverty: General, Economic Growth and Aggregate Productivity: General,
This paper demonstrates that the Dutch disease need not materialize in low-income countries that can draw on their idle productive capacity to satisfy the aid-induced increased demand. Diagnoses on, and prognoses f...