109147989130384785

Posted on August 2, 2004. Filed under: Uncategorized |

Dutch Disease Definition: “The deindustrialization of a nation’s economy that occurs when the discovery of a natural resource raises the value of that nation’s currency, making manufactured goods less competitive with other nations, increasing imports and decreasing exports. The term originated in Holland after the discovery of North Sea gas.”

Advertisements

Liked it here?
Why not try sites on the blogroll...

%d bloggers like this: