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150128 ||| eng |
| 020 |
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|a 9781451870121
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| 100 |
1 |
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|a Cerutti, Eugenio
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| 245 |
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0 |
|a Bolivia
|b The Hydrocarbons Boom and the Risk of Dutch Disease
|c Eugenio Cerutti, Mario Mansilla
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2008
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| 300 |
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|a 20 pages
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| 651 |
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4 |
|a Bolivia
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| 653 |
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|a Economic Theory
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| 653 |
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|a Industries: Energy
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| 653 |
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|a Dutch disease
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| 653 |
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|a Currency; Foreign exchange
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| 653 |
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|a Real effective exchange rates
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| 653 |
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|a Natural gas sector
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| 653 |
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|a Hydrocarbon Resources
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| 653 |
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|a Trade: General
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| 653 |
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|a Exports and Imports
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| 653 |
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|a Economic forecasting
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| 653 |
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|a Economic theory & philosophy
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| 653 |
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|a Resource Booms
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| 653 |
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|a Gas industry
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| 653 |
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|a International economics
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| 653 |
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|a Foreign Exchange
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| 653 |
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|a Exports
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| 653 |
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|a Real exchange rates
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| 653 |
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|a Foreign exchange
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| 653 |
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|a Petroleum, oil & gas industries
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| 700 |
1 |
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|a Mansilla, Mario
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Working Papers
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| 028 |
5 |
0 |
|a 10.5089/9781451870121.001
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| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/2008/154/001.2008.issue-154-en.xml?cid=22021-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a The hydrocarbons sector has become one of the most dynamic economic activities in the Bolivian economy and the main driver of improved export performance and international reserve accumulation. The central role of the hydrocarbons sector in the economy is attributable to the high levels of investment made in the late 1990s, which permitted much higher production levels, particularly of natural gas. However those positive developments in the hydrocarbons sector have given rise to the possibility of a new case of "Dutch disease." While Bolivia's economy has already seen many benefits from its higher gas exports, especially in terms of lower external vulnerability and improved fiscal stance, the new resources could also limit the development of other economic sectors in terms of output and factor income. This paper explores the transmission channels of Dutch disease, as well as its main symptom, the appreciation of the real exchange rate
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