The concept of «Dutch disease» in economy
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Keywords:
natural resource, Dutch disease, phenomenon, hypothesis, symptom, raw,Abstract
The article deals the theoretical aspects of the concepts «Dutch disease» in economy and the reasons of feature and a consequence of «Dutch disease» (a phenomenon of economic development of the countries having considerable resources of raw materials) in Republic of Kazakhstan. In this paper is the question of existence of «Dutch disease» in Russia and Kazakhstan is of special interest. However many researchers have only partially confirmed existence of some symptoms of «Dutch disease» at the export countries of natural resources – or did not find such confirmations at all. After all obstacles for development of economy are created not by existence of resources in itself, and the related calls on which it is possible and it is necessary to look for adequate answers. The author analyzes a hypothesis of «Dutch disease» and compare it with error of the program Excel.References
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2 Corden M., Neary J.P. Booming Sector and Deindustrialization in a Small Open Economy // Economic Journal. – 1982. – Vol. 92. – P. 825-848.
3 Mineral’no-syr’evyeresursy i ekonomicheskoerazvitie: Sbornik nauchnyh trudov / otv.red.: V.B.Kondrat’ev. – M.: IMEMO RAN, 2010 – 211 s.
4 Zabelina O. Rossiyskaya specifika «golladskoy bolezni» // Voprosye konomiki. – 2004. – № 11. – S. 60-75.
5 Pomfret R. Will Oil beа Blessing or аСurse for Kаzаkhstаn? – pаper presented аt the British Аssoсiаtion for Slаvoniсаnd Eаst Europeаn Studies сonferenсe in Саmbridge. – UK, 2006, аpril 1-3.
6 Muhamediev B.M. Est’ li «golladskay abolezn’» v ekonomike Kazakhstana // Vestnik KazNU. Seryia ekonomicheskaya. –2001. – №5. – C. 12-17.
7 Égert B., Leonard, C. Dutсhdiseаsesсаre in Kаzаkhstаn: Is it reаl? // BOFIT Disсussion Pаpers 9. 2007.
8 Esentugelova A. Lekarstvoot «gollandckoybolezni». // Delovoymir. – 2005. – №2. – S. 42-43.
9 Smailova G. Osobennosti «gollandskoy bolezni» I ugroza dliya Kazakhstana // Biznes-putevoditel’. 2006, mart – 21. – № 11
(209). – S. 12-13.
10 Tleppaev A.M. Modelirovanie ekonomicheskogo rosta strany bogatoy prirodnymi resursami na primere Kazakhstana: dis…
dok. fil. (PhD) v oblastiekonomiki. – Almaty: KazNU, 2008. – С. 59-64.
11 Saginbekova K.M. «Gollandskaya bolezn’»: konceptual’nye principy i ocenka ee vliyanya na ekonomiku Kazakhstana: dis…
dok.fil. (PhD) poekon. naukam. – Astana, 2009. – 127 s.
12 Sala-i-Martin X., Subramanian A. Addressing the Natural Resource Curse: an Illustration from Nigeria // NBER Working
Paper. – 2003. – № 9804.
13 Wilkinson R. How economic inequality harms societies, TED Conferences, 2011 // http://ted.com/talks/richard_wilkinson.html
14 Rosenzweig Ph. The Halo Effect... And the Eight other Business Delusions that Deceive Managers. – New York: Free Press,
2007. – P. 232.
15 Long R. The Weird and Very Real World of Excel-Error Research The Rogoff-Reinhart blunder is a prominent example of a
very common problem // New republic. – 2013, april – 18 // http://newrepublic.com/article/112951/kenneth-rogoff-carmenreinhart-and-world-excel-error-research#
16 Reinhart C.M., Rogoff K.S. Growth in a Time of Debt // American Economic Review. American Economic Association. –2010, May. – Vol. 100, № 2. P. 573-78.
17 Herndon T., Ash M., Pollin R. Does High Public Debt Consistently Stifle Economic Growth? A Critique of Reinhart and Rogoff. Political Economy Research Institute. – 2013.
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How to Cite
Ongdash А. О. (2016). The concept of «Dutch disease» in economy. International Relations and International Law Journal, 67(3). Retrieved from https://bulletin-ir-law.kaznu.kz/index.php/1-mo/article/view/569
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International relations and foreign policy
