THX_1138 Posted July 11, 2008 Posted July 11, 2008 http://www.time.com/time/specials/2007/article/0,28804,1720049_1722077_1722426,00.html I think it is premature to state that the Dutch effect is absent, it can however, as the quote stated, be countered with good governance. however, outside the scandanavian country of norway, there are not many nations around the globe that have managed to counter the ill effects of an inflated currency due to abundance of natural resources. government can stimulate growth in other sectors such as brunei dar elsam and malaysia, however, the primary economic stimulator still remains the export of the natural resource(s).
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