Resources Booms and Macroeconomic Adjustments in Developing Countries

Business & Finance
Cover of the book Resources Booms and Macroeconomic Adjustments in Developing Countries by Mamta Banu Chowdhury, Taylor and Francis
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Author: Mamta Banu Chowdhury ISBN: 9781351150149
Publisher: Taylor and Francis Publication: November 28, 2017
Imprint: Routledge Language: English
Author: Mamta Banu Chowdhury
ISBN: 9781351150149
Publisher: Taylor and Francis
Publication: November 28, 2017
Imprint: Routledge
Language: English

Chowdhury addresses fundamental issues of policy management in resource-based developing countries, by providing an extension of the existing 'Dutch Disease' theory and its applications to the developing country context. The impact of resources booms is of paramount importance for the developing economies. To date the analytical and empirical investigations of these issues have not been available. Essentially, this study will fill this gap. The book investigates the macroeconomic impact of a resources boom and the long-term growth implications of related policy choices with reference to Papua New Guinea. Like many other primary commodity exporting developing economies, Papua New Guinea experienced several short-lived export booms over the past two and a half decades, providing a fascinating case study of potential gains from resources booms and the accompanying complex problems of policy management. This study also incorporates a comparative study of resources boom and policy management issues between Papua New Guinea, Indonesia and Nigeria.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Chowdhury addresses fundamental issues of policy management in resource-based developing countries, by providing an extension of the existing 'Dutch Disease' theory and its applications to the developing country context. The impact of resources booms is of paramount importance for the developing economies. To date the analytical and empirical investigations of these issues have not been available. Essentially, this study will fill this gap. The book investigates the macroeconomic impact of a resources boom and the long-term growth implications of related policy choices with reference to Papua New Guinea. Like many other primary commodity exporting developing economies, Papua New Guinea experienced several short-lived export booms over the past two and a half decades, providing a fascinating case study of potential gains from resources booms and the accompanying complex problems of policy management. This study also incorporates a comparative study of resources boom and policy management issues between Papua New Guinea, Indonesia and Nigeria.

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