Resource-rich developing countries (RRDC) encounter greater difficulty diversifying their economies away from fossil fuels compared to industrial countries because their economies specialize in the resource sector, concentrating productive assets and human capital there, and because they often suffer from 'Dutch disease,' where currency appreciation reduces the competitiveness of non-resource sectors.

Authors

• Person: Not available Organization: Frontiers
  Energy asset stranding in resource-rich developing countries and ...

Sources

• Energy asset stranding in resource-rich developing countries and ... www.frontiersin.org Frontiers via serper

Referenced by nodes (2)

• fossil fuels concept
• resource-rich developing countries concept