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Currency flows and flaws: Brenner
Published: 9 September 2015
This op-ed is written by聽Reuven Brenner,聽the Repap Chair at 平特五不中鈥檚 Desautels faculty of Management.聽
Much has been written on the 鈥淒utch Disease鈥� 鈥� how countries relying on their natural resources often fall on hard times, failing to develop. A Chinese observer, Laozi, in 81 BC had this to say: 鈥淎 country is never as poor as when it seems filled with riches鈥澛�(in Yan Tie Lun, A Discourse on Salt and Iron).聽 Only these days, the natural riches are oil (in Canada, Norway, Russia, Middle East) and in Australia, iron ore.
Read full article: , September 5, 2015