Dutch Disease

Sep 10, 2011 • Behavioral Economics, Businesses, Demand, Supply, and Markets, Economic History, Government, International Trade and Finance, Macroeconomic Measurement, Thinking Economically • 145 Views    No Comments

When Norway discovered it had an oil bonanza, they acted rather surprisingly. According to this NPR Planet Money podcast, they

The goal was to avoid Dutch disease.

http://elsa.berkeley.edu/users/webfac/cbrown/e251_f03/larsen.pdf

http://www.npr.org/blogs/money/2011/09/06/140110346/how-to-avoid-the-oil-curse#more

http://www.npr.org/blogs/money/2011/09/06/140110346/how-to-avoid-the-oil-curse

http://www.ft.com/intl/cms/s/2/99680a04-92a0-11de-b63b-00144feabdc0.html#axzz1XQ7M7SUQ

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