Dutch disease revised
Posted by Mel Watkins under Uncategorized.
July 30th, 2012
Comments: 2
As we know, Dutch disease is about damage to industry from resource exports. As we witness the widespread drought this summer in North America and the damage to crops, Dutch disease needs to be redefined to also include the damage to agriculture. The Canadian West eats its own as it produces oil.
Comments
Comment from Paul Tulloch
Time: July 30, 2012, 8:00 pm
yes eating there own for sure from crops to long run productive assets in the east that could actually produce the infrastructure to put a brake on climate change. It will be the developed economies that have the manufacturing flexibility and agility to mass produce the solutions to make our way forward. China may have a lead in solar but it was their own doing and the developed economy going all in on thin film solar contra the traditional photo voltaic. Cheap labour can do funny things to tech change. A good case study to learn about the growing the green mass production solution.
Comment from Paul Tulloch
Time: July 30, 2012, 8:02 pm
that should be “their own”!!!! damn I hate the grammar checker on the PEF site.
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