or to an increase in a resource price, it normally undergoes a real appreciation of its exchange rate and, as a result of.
Mark Carney: Dutch disease. Remarks by Mr Mark Carney, Governor of the Bank of Canada and Chairman of the. Financial Stability Board, to the Spruce Meadows Round Table, Calgary, Alberta,. 7 September 2012. * * *. Introduction. Some regard Canada's wealth of natural resources as a blessing. Others see it as a curse
7 Sep 2012 CALGARY – Canada's reliance on oil is “unambiguously good" for the country as a whole — not just the West — Bank of Canada governor Mark Carney said Thursday in a speech that called for more pipelines and dismissed fears about so-called Dutch disease. Rather than blame high-priced oil and other
The recent boom in primary commodity prices has once more stimulated interest in the issue of “Dutch disease." This term refers to changes in the structure of production that are predicted to occur in the wake of a favorable shock, such as discovery of a large natural resource or a rise in the inter- national price of an
Although “Dutch disease" is generally associated with a natural resource discovery, it can occur from any development that results in a large sector, this is not evidence of Dutch disease. .. Remarks by Mark Carney, Governor of the Bank of Canada, to the Greater Kitchener-Waterloo Chamber of Commerce. “Exporting in
3 Jan 2013 optimism for 2013, a far cry from the pessimistic tone of proponents of the Dutch Disease theory. Le Syndrome The debate about Dutch Disease and the recent experience of Canadian manufacturers .. 12 “Dutch Disease", Remarks by Bank of Canada Governor Mark Carney, September 7, 2012, page 8.

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January 2025