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Are Azerbaijan and Kazakhstan suffering from the Dutch Disease?

Hällgren, Robert (2008)
Department of Economics
Abstract
In this paper it is examined if the two booming economies of Azerbaijan and Kazakhstan are suffering from the Dutch Disease caused by their dependency on oil exports. First the theories behind the Dutch Disease are presented and the typical symptoms are discussed. These include a change in the real exchange rate, an overall increase in wages, slower growth in the manufacturing sector and faster growth in the service sector. These parameters are examined and compared between the two countries and the conclusion is that they both show signs of the Dutch Disease, and that they might be a bit stronger in Azerbaijan than in Kazakhstan.
Please use this url to cite or link to this publication:
author
Hällgren, Robert
supervisor
organization
year
type
M2 - Bachelor Degree
subject
keywords
Kazakhstan, Dutch Disease, real exchange rate, Azerbaijan, Economics, econometrics, economic theory, economic systems, economic policy, Nationalekonomi, ekonometri, ekonomisk teori, ekonomiska system, ekonomisk politik
language
English
id
1644175
date added to LUP
2008-05-12 00:00:00
date last changed
2010-08-03 13:53:07
@misc{1644175,
  abstract     = {{In this paper it is examined if the two booming economies of Azerbaijan and Kazakhstan are suffering from the Dutch Disease caused by their dependency on oil exports. First the theories behind the Dutch Disease are presented and the typical symptoms are discussed. These include a change in the real exchange rate, an overall increase in wages, slower growth in the manufacturing sector and faster growth in the service sector. These parameters are examined and compared between the two countries and the conclusion is that they both show signs of the Dutch Disease, and that they might be a bit stronger in Azerbaijan than in Kazakhstan.}},
  author       = {{Hällgren, Robert}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Are Azerbaijan and Kazakhstan suffering from the Dutch Disease?}},
  year         = {{2008}},
}