Miguel Angel Santos

Guest Dany Bahar, a David M. Rubenstein Fellow at Brookings, and Miguel Angel Santos, Adjunct Professor at Harvard Kennedy School, delve into the intriguing phenomenon of Dutch disease. They explain how resource wealth can inadvertently lead to economic struggles, like higher labor costs and export concentration issues. Their discussion includes the implications of resource management, case studies of Norway versus Venezuela, and the need for policymakers to promote economic diversification to mitigate inequality. It's a deep dive into making smarter economic strategies!