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• W1962684064 abstract "During the 2003–2008 commodity‐price boom, the Australian economy exhibited symptoms of Dutch disease where state governments followed cyclical consumption‐based fiscal policies that eroded the country’s capital stocks and exacerbated costly adjustments. International experience has shown that a revenue fund could offer a solution to both these problems; however, the collection and redistribution of royalty wealth between Australian states makes it difficult for individual states to set up all but the most rigid form of revenue funds. Establishing a revenue fund at the state level would help to ensure Australia convert its finite mineral wealth into productive capital and dampens adjustments that naturally result from exporting non‐renewable natural resources." @default.
• W1962684064 created "2016-06-24" @default.
• W1962684064 creator A5020326023 @default.
• W1962684064 date "2010-12-01" @default.
• W1962684064 modified "2023-10-17" @default.
• W1962684064 title "Dutch Disease and the Sustainable Management of Royalty Wealth in Western Australia*" @default.
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• W1962684064 doi "https://doi.org/10.1111/j.1759-3441.2010.00087.x" @default.
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