Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,799,380,117 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Dutch disease

   Also found in: Wikipedia 0.03 sec.
Dutch disease
n
(Economics) the deindustrialization of an economy as a result of the discovery of a natural resource, as that which occurred in Holland with the exploitation of North Sea Oil, which raised the value of the Dutch currency, making its exports uncompetitive and causing its industry to decline


How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
The effect of oil exports on the exchange rate makes manufactured and other tradable goods cheap to import and uncompetitive on global markets; this so-called Dutch disease inhibits investment, job creation, and the growth of small and medium enterprises.
 
Dictionary/thesaurus browser? ? Full browser
 
 
Dictionary, Thesaurus, and Translations
?

Disclaimer | Privacy policy | Feedback | Copyright © 2009 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.