Title: Temporary Resource Booms and Manufacturing Output: A Global Perspective
Abstract: This paper analyzes the effect of temporary resource booms on manufacturing industry at a global level, but emphasizing the South-American case. The main conclusions are the following: first, the world is facing a boom of booms since 2002, in which South-America plays a prominent role; second, fuel and minerals booms are more likely to be larger and longer, and to generate more Dutch disease symptoms than capital flows or agricultural products booms, and third, the negative impact over the industry tends to last two and three years after the boom has ended.
Publication Year: 2014
Publication Date: 2014-01-01
Language: en
Type: article
Access and Citation
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot