Detailed Information on Publication Record

Some post-Soviet countries with large mineral wealth, e.g. oil, natural gas, have fallen prey to the Dutch disease. For many years the oil industry was almost the only income of the countries. Economic development policies began to change significantly after the oil price crash. The change involved focusing on particular sectors of the economy, e.g. tourism, agriculture, handicrafts, family business, SMEs and establishing new economic alliances. Governments of countries affected by the Dutch Disease began to fund opportunities to strengthen the economy and socio-economic situation. Support programmes were put in place and are still ongoing. Changes were necessary to eliminate dependence on oil. The aim of the project is to identify and evaluate options to help the economies affected by Dutch disease and to maintain sustainable economic growth in the countries.