The Effects of Dutch Disease: Case of Russia Cover Image

Hollanda Hastalığının Etkileri: Rusya Örneği
The Effects of Dutch Disease: Case of Russia

Author(s): Levent Şahin, Dilek Kutluay Şahin
Subject(s): Energy and Environmental Studies
Published by: Hitit Üniversitesi Sosyal Bilimler Enstitüsü
Keywords: Dutch Disease; Russia;

Summary/Abstract: Dutch disease is decline of other sectors with the development of natural resource sector in a country. Dutch disease was seen with being the leading sector and presence of natural gas resources in the Netherlands for the first time but the term Dutch disease was used in 1977. There are two causes of the Dutch disease. First one is discovery of natural resources in country. Second one is increase price of natural resources in the World. In the study, impact on economy of Russia’s oil production was investigated within the framework of Dutch disease. Datas belonging to Russia (2000-2014 period) were used while doing the study. They were taken from the World Bank, International Energy Agency and Russia Federation State Statistics Service. Descriptive method was used in the study.

  • Issue Year: 8/2015
  • Issue No: 2
  • Page Range: 599-610
  • Page Count: 12
  • Language: Turkish