Dutch Disease: What Is It, Why Is It Harmful, and How Can It Be Mitigated? — Presentation Detail — Celebration of Scholars

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Student presentations must have a faculty sponsor.

Abstracts must include a title and a description of the research, scholarship, or creative work. The description should be 150-225 words in length and constructed in a format or style appropriate for the presenter’s discipline.

The following points should be addressed within the selected format or style for the abstract:

A clear statement of the problem or question you pursued, or the scholarly goal or creative theme achieved in your work.
A brief comment about the significance or uniqueness of the work.
A clear description of the methods used to achieve the purpose or goals for the work.
A statement of the conclusions, results, outcomes, or recommendations, or if the work is still in progress, the results you expect to report at the event.

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Additional Information

More information is available at carthage.edu/celebration-scholars/. The following are members of the Research, Scholarship, and Creativity Committee who are eager to listen to ideas and answer questions:

Jun Wang
Kim Instenes
John Kirk
Nora Nickels
Andrew Pustina
James Ripley

Dutch Disease: What Is It, Why Is It Harmful, and How Can It Be Mitigated?

Name: James Durdan
Major: International Political Economy and Economics
Hometown: Grand Ridge, Illinois
Faculty Sponsor:
Other Sponsors:
Type of research: Senior thesis

Abstract

Dutch Disease is an economic phenomenon that generally leads to appreciating exchange rates due to a boom in demand for a particular resource. This appreciating exchange rate makes it more difficult for other non-boom tradable sectors to sell their products domestically and abroad, resulting in these sectors weakening. The paper lays out the theoretical structure of the Dutch Disease to provide a better understanding of this economic illness. With a general understanding of the Dutch Disease, specific negative effects that it imposes on countries are articulated to demonstrate the need for policies to mitigate them. The way in which Dutch Disease can hurt the economic future of both developed and developing countries is expressly discussed. Next, the paper entertains three policy options and makes a recommendation concerning which is the optimal choice within a political and economic context. To conclude, the paper expresses some final thoughts about the Dutch Disease and what future research might be undertaken.

Poster file