Symptoms and treatments of the Dutch Disease: a comparative case study between Brazil and Chile

• Ano de defesa: 2022
• Autor(a) principal: Tavella, Paolo
• Orientador(a): Prado Junior, Servio Tulio
• Tipo de documento: Dissertação
• Tipo de acesso: Acesso aberto
• Idioma: eng
• Palavras-chave em Português: Doença holandesa; Desindustrialização; Taxa de câmbio; Salário real; Setor de serviços; Fundos de estabilização
• Palavras-chave em Inglês: Service sector; Dutch disease; De-industrialization; Exchange rate; Real wage; Stabilization funds
• Link de acesso: https://hdl.handle.net/10438/33138

The Dutch disease is a macroeconomic phenomenon seriously affecting countries which export large quantities of natural resources. Its main symptom is the real exchange rate appreciation which impacts the whole economy. In particular, it represents a disadvantage for the tradable sectors, which suffer from the stronger currency and lose international competitiveness. The aim of this thesis is to review the literature to understand the causes and consequences of the illness. Furthermore, a comparative case study between Brazil and Chile has been realized to assess the literature and comprehend to what extent they contracted the illness. Finally, the last chapter describes the methods present in the literature to neutralize the Dutch disease.