We review the literature on Dutch disease, and document that shocks that trigger foreign
exchange inflows (such as natural resource booms, surges in foreign aid, remittances, or …

The real exchange rate is one of the most important price variables in macroeconomics as
changes in it have implications for both external competitiveness as well as internal sectoral …

This book discusses some of the challenges relating to macroeconomic and financial
management in a volatile and uncertain world brought about by greater financial openness …

Extensive economic literature has covered the effect of a natural resource boom on the
performance of the manufacturing sector. Specifically, the Dutch Disease hypothesis …

Using data on sectoral value added and purchasing power parity converter, we are able to
estimate the home country's industrial-service (quasi-) relative-relative total factor …

A competitive and stable real exchange rate (RER) has been recognised as an important
variable for promoting economic development, especially in emerging and developing …