Dutch Disease and Spending Strategies in a Resource-Rich Low-income Country : The Case of Niger
This paper examines spending plans
suggested by the recent literature regarding Dutch disease
and examines their implications to Niger relative to its
expanding mineral sector. The key to the benefits of
significant mineral revenue lies with the productivity and
supply responses of spending. If significant output gain is
ensured, then there is little difference across the spending
plans in their effects on real consumption. The overshooting