TY - BOOK AU - Nkusu,Mwanza TI - Aid and the Dutch Disease in Low-Income Countries: Informed Diagnoses for Prudent Prognoses T2 - IMF Working Papers; Working Paper SN - 1451846878 : SN - 1018-5941 PY - 2004/// CY - Washington, D.C. PB - International Monetary Fund KW - Dutch Disease KW - imf KW - Economic Growth and Aggregate Productivity: General KW - Economic Growth of Open Economies KW - Exchange Rate KW - Exchange Rates KW - Foreign Exchange KW - Botswana KW - Gambia, The KW - Ghana KW - Tanzania KW - Uganda N2 - 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 UR - http://elibrary.imf.org/view/IMF001/00180-9781451846874/00180-9781451846874/00180-9781451846874.xml UR - http://www.imfbookstore.org/IMFORG/9781451846874 ER -