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Dutch disease

noun

Etymology

Coined by The Economist magazine in 1977, to describe the situation in the Netherlands where a natural resources find of a large natural gas field caused the Dutch guilder to rise in valuation, depressing exports and causing the manufacturing sector to decline, that occurred after 1959.

Definitions

  1. An increase in the value derived from the natural-resources sector of the economy,…

    An increase in the value derived from the natural-resources sector of the economy, leading to a rise in the valuation of the currency increasingly based on the natural-resources sector, and thus causing a deterioration in the manufacturing sector by making the manufactured goods less competitive in the export marketplace compared to those manufactured by economies with lower valuation currencies, because they are relatively more expensive.

  2. Hollanditis.

  3. Dutch elm disease.

The neighborhood

Vish — recursive loop

No curated loop yet for Dutch disease. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA