The Max Corden model: is Algeria's economy suffering from dutch disease?
DOI:
https://doi.org/10.34140/bjbv7n1-070Palavras-chave:
Max Corden model, dutch disease, AlgeriaResumo
This article deals with the application of the Max Corden model to the analysis of the Dutch disease phenomenon on the Algerian economy, where it reviews the concept of the Dutch disease and its indicators and its impact on economies oriented towards the export of natural resources. By examining developments in Algeria's economic sectors and its overreliance on oil and gas as the main source of national income, the article aims to verify whether the Algerian economy is suffering from the effects of the Dutch ills, while making recommendations to overcome the challenges associated with this economic model.
Referências
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M CORDEN. Nov, 1984. Booming Sector and Dutch Disease Economics. Oxford Economic Papers, 3.
M CORDEN, and P NEARY. Dec, 1982. Booming Sector and De-Industrialisationin a Small Open Economy. The Economic Journal.
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