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Nkusu, Mwanza.

Aid and the Dutch Disease in Low-Income Countries Informed Diagnoses for Prudent Prognoses / Mwanza Nkusu. [electronic resource] : Mwanza Nkusu. - Washington, D.C. : International Monetary Fund, 2004. - 1 online resource (19 p.) - IMF Working Papers; Working Paper ; No. 04/49 . - IMF Working Papers; Working Paper ; No. 04/49 .

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 for, the Dutch disease should take into account country-specific circumstances to avoid ill-advised policies. The paper emphasizes that using public resources inefficiently can be more painful than real exchange rate appreciations, which may not necessarily embody the Dutch disease.

ISBN: 1451846878 : 15.00 USD

ISSN: 1018-5941

Standard No.: 10.5089/9781451846874.001 doi

Subjects--Topical Terms:
Dutch Disease
Economic Growth and Aggregate Productivity: General
Economic Growth of Open Economies
Exchange Rate
Exchange Rates
Foreign Exchange

Subjects--Geographic Terms:
Botswana
Gambia, The
Ghana
Tanzania
Uganda