Resource Curse

Dutch Disease: Economic Impact of Resource Booms
Dutch Disease refers to the economic concept where an increase in one type of export, typically natural resources, leads to an appreciating exchange rate, negatively impacting other export sectors and domestic products' competitiveness.
Resource Curse: The Paradox of Wealth
The Resource Curse, often synonymous with Dutch Disease, describes how countries with abundant natural resources can suffer from economic instability and underdevelopment.

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