Dutch disease (English, noun)
expansion: the Dutch disease
Senses:
topics: economics
sciences
glosses: 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.
glosses: Hollanditis.
tags: US
dated
glosses: Dutch elm disease.
Forms:
form: the Dutch disease
tags: canonical