Symptoms and treatments of the Dutch Disease: a comparative case study between Brazil and Chile
The Dutch disease is a macroeconomic phenomenon seriously affecting countries which export large quantities of natural resources. Its main symptom is the real exchange rate appreciation which impacts the whole economy. In particular, it represents a disadvantage for the tradable sectors, which suffer from the stronger currency and lose international competitiveness. The aim of this thesis is to review the literature to understand the causes and consequences of the illness. Furthermore, a comparative case study between Brazil and Chile has been realized to assess the literature and comprehend t... Mehr ...
Verfasser: | |
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Dokumenttyp: | Dissertation |
Erscheinungsdatum: | 2022 |
Schlagwörter: | Service sector / Dutch disease / De-industrialization / Exchange rate / Real wage / Stabilization funds / Doença holandesa / Desindustrialização / Taxa de câmbio / Salário real / Setor de serviços / Fundos de estabilização / Administração de empresas / Desenvolvimento econômico - Brasil / Política econômica / Macroeconomia / Taxas de câmbio / Estagnação econômica |
Sprache: | Englisch |
Permalink: | https://search.fid-benelux.de/Record/base-28582212 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | https://hdl.handle.net/10438/33138 |
The Dutch disease is a macroeconomic phenomenon seriously affecting countries which export large quantities of natural resources. Its main symptom is the real exchange rate appreciation which impacts the whole economy. In particular, it represents a disadvantage for the tradable sectors, which suffer from the stronger currency and lose international competitiveness. The aim of this thesis is to review the literature to understand the causes and consequences of the illness. Furthermore, a comparative case study between Brazil and Chile has been realized to assess the literature and comprehend to what extent they contracted the illness. Finally, the last chapter describes the methods present in the literature to neutralize the Dutch disease. ; A doença holandesa é um fenómeno macroeconómico que afecta gravemente os países que exportam grandes quantidades de recursos naturais. Seu principal sintoma é a valorização da taxa de câmbio real que impacta toda a economia. Em particular, representa uma desvantagem para os setores transacionáveis, que sofrem com a moeda mais forte e perdem competitividade internacional. O objetivo desta tese é revisar a literatura para compreender as causas e consequências da doença. Além disso, um estudo de caso comparativo entre Brasil e Chile foi realizado para avaliar a literatura e compreender em que medida eles contraíram a doença. Finalmente, o último capítulo descreve os métodos presentes na literatura para neutralizar a doença holandesa.