Relevance and limits of the Dutch disease in developing countries : the case of natural resources in Africa ; Pertinence et limites du syndrome hollandais dans les pays en développement : le cas des ressources naturelles en Afrique

This thesis is dedicated to the understanding of the “Dutch disease” theory andits implications for developing countries. To that aim, it questions some of the mainunderlying assumptions of theoretical Dutch disease models, and tests their relevance basedon empirical evidence for resource-rich African countries. The thesis is decomposed into fourchapters. The first chapter reviews the theoretical and empirical literature on Dutch disease,both to show the importance of this concept for developing countries and to highlight itslimitations. Chapter 2 discusses different definitions of real exchan... Mehr ...