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ECON+ Interview With Otaviano Canuto – Natural Resources Abundance: Blessing or a Curse?

Otaviano Canuto, Executive Director at the World Bank, once again is with ECON+ to continue this series of interviews on the global economy. This time, we tackle the topic of Natural Wealth and its perception of either being a blessing or a curse. 229 more words

Experts

The Dutch disease for the benefit of #GarethMorgan @stevenljoyce

I am putting in a Official Information Act request to see if anyone advise ministers that a export promotion target results in a matching increase in imports along with a large appreciation in the New Zealand dollar. 284 more words

Economic History

Economic diversification in Nigeria (part 2): Understanding the natural resource curse

About two weeks ago, I started a series on economic diversification for us to understand the factors responsible for Nigeria’s economic structure. Today, we would be looking at one of the major problems facing resource dependent economies like Nigeria and which also undermines efforts at economic diversification – … 1,066 more words

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Hazards of a Tourist Boom

by Silla Sigurgeirdottir and Robert H. Wade

Iceland is surfing a tourist boom. From 440,000 tourists in 2008, numbers started surging in 2011 to reach 1.3 million in 2015 and 1.8 million in 2016. 739 more words

Macroeconomics

Don't Let Them Eat Cake: Maduro's War Against Bakeries

As Venezuela continues to fall into economic ruin with food and other basic necessities in short supply, President Maduro declared war on public enemy number one, the culprits responsible for the crisis… 481 more words

Domestic Politics