Nikas, Christos; Blouchoutzi, Student Anastasia - In: Romanian Statistical Review 62 (2014) 1, pp. 45-65
An exogenous inflow of foreign exchange can lead to an appreciation of the currency of the receiving country, a deterioration of its competitiveness and a fall in net exports. Economic theory identifies this as the “Dutch Disease” although it is more often observed in emerging economies. The...