Monday, March 3, 2014

The Resource Boom a form of Dutch Disease

“The resource boom has lead to a strong currency that’s crowding out manufacturing,” Roubini said. “That’s a form of Dutch disease and that could be a long-term problem.” - in Bloomberg

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
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