Talk:Dutch disease

message: This article would greatly benefit from an expansion of how the Dutch disease relates to the Rybczynski Theorem. Currently, only has a short sentence of their relationship. Further explanation will provide a more comprehensive overview of the Dutch disease. 1993ke (talk) 15:28, 18 November 2014 (UTC)
thread_title:  Rybczynski Theorem 

message: The chart with the DEM-NLG exchange rate is labelled incorrectly. The way it is labelled today indicates that the line gives the amount of Dutch florins corresponding to one deutschmark, or, in other words, the amount (in florins) it takes to buy one deutschmark. This is given by the chart as ~0.90 before 1970 and ~1.10 in 1980. This would actually constitute a depreciation of the florin: It takes more florins to buy a deutschmark. The effect described in the text includes, however, an appreciation of the domestic currency (i.e., the florin in this case). I suppose the information the chart gives is in fact the amount in deutschmarks a florin can buy ("1 NLG in DEM"), which would indicate an appreciation. SchnitteUK (talk) 17:22, 25 November 2012 (UTC)
thread_title: Issues with the chart

message: I simply don't understand this sentence in paragraph 1: The Dutch Disease becomes an actual disease if there is something special to the activities resource extraction crowds out, [...]. Could someone please clarify? Asav
:I agree, it was rather hard to parse. I've added "that" in the apprporiate place. Hairy Dude 04:27, 27 January 2006 (UTC)
replies: text: That still doesn't make any sense to me, especially since an economic phenomenon cannot become an "actual disease" unless it's a microbe.  I've taken it out and shot it, but could somebody explain what it was trying to say and reword it? Jpatokal 09:38, 8 February 2006 (UTC)
thread_title: I simply don't understand

message: I'm no economist, but is this the cause of Norway's well-known high prices (compared to elsewhere in Europe) for everyday goods? And if not, what is?
: No, it's the other way around. The chain of effects here is 1) They find oil and the economy is strengthened radically 2) The Norwegian currency gets stronger (=high prices) 3) "Dutch disease", due to the strong Norwegian currency, demand for other Norwegian exports drop since they become more expensive. So "Dutch disease" (if you believe the theory) is caused by the strong currency, not vice-versa. --BluePlatypus 08:09, 16 December 2005 (UTC)
replies: text:  Huh, I beg to differ: strong currency => lower price of imports. Niczar (talk) 23:54, 15 December 2007 (UTC)
thread_title:  Prices 

message: I'm removing the merger tags from this article.  Dutch disease is NOT the same thing as the resource curse.  I think the merger is the result of confusion of the terms and will only cause more confusion.  Both have to do with resources creating problems, but dutch disease is usually a sudden shock to the economy caused by resource exports raising currency values.  The resource curse is the paradoxical lack of growth in countries with strong natural resources.  Dutch disease is one mechanism which might contribute to this lack of growth. I think this article does a good job of illustrating the differences.  Dutch disease is listed as one of three explanations for the resource curse.--Bkwillwm 17:56, 10 March 2006 (UTC)
thread_title:  RM merger tags 

message: Would Venezuela be a good example of Dutch Disease? Is it a single event, or can it be long term. If it's long term, I'm thinking it would fit. If it's a single event, maybe not so much. I'm curious, thanks. 72.208.38.164 17:52, 12 May 2007 (UTC)
replies: text: do you have sources for this analysis? The DD implies that there is a crash when the ressource is exhausted; AFAICT there is still plenty of oil in Venezuela, some of it (Ornioco basin) yet largely untapped as it was unprofitable until prices rose sufficiently. Niczar (talk) 20:46, 10 December 2007 (UTC)
thread_title:  Venezuela 

message: Reference to Dutch disease in news article Iran faces U.S. challenge in "pistachio war" quoting "...a board member of Iran's Pistachio Association...". So here is a comment by someone self-identifying the industry and country affected.  (BTW: quite lovely to find the definition here at WP) Shenme (talk) 05:03, 9 October 2008 (UTC)
thread_title:  Iran and pistachios 

message: I find the page lacking in a basic area - it covers in detail which other countries may have been victims of the Dutch Disease, but doesn't give much any information on what exactly was the economic disease in the Netherlands. There's no mention of statistics for manufacturing industry output and manufacturing exports before and after 1959. Similarly, there are no statistics for exchange rates. Could someone with access to the data or the original economics paper add some of the missing detail? Scartboy (talk) 02:16, 27 November 2011 (UTC)
replies: text: This is exactly what I thought, and I'm reading this a year and a half after you posted. Hopefully someone who is knowledgeable on the subject reads this talk page and can contribute the necessary information. —Ynhockey (Talk) 00:13, 17 May 2013 (UTC)
thread_title:  Proposal 

message: :competitive manufacturing industries cannot return as quickly or as easily as they left. This is because technological growth is smaller in the booming sector and the non-tradable sector than the non-booming tradable sector.[5] Since there has been less technological growth in the economy relative to other countries, its comparative advantage in non-booming tradable goods will have shrunk
What does the article mean by tech growth being largest in the country's non-booming tradable sector? Isn't it the other way around (correlating with free investment, to the extent that relative tech growth even is quantifiable)? Or is it referring to the development in overseas competition comparatively to that of each respective local industry? Cesiumfrog (talk) 00:51, 28 June 2012 (UTC)
thread_title:  tech 

message: It seems to me that the the growing industry attracts
talent from other industries, leaving the non-growth
industries with an adversely selected pool of labor.
Yet, there is no mention of adverse selection in the
article.  Is Dutch disease a form of adverse selection
or not?  If not, why not?  The terms "adverse consequence"
and "adverse outcomes" are frequently used in papers
on the topic.  Shouldn't adverse selection be discussed
in the article either way?  I.e., to support it or to
differentiate it.  — Preceding unsigned comment added by 68.37.24.220 (talk) 03:07, 4 November 2015 (UTC)
thread_title:  adverse selection 

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thread_title:  External links modified 

message: I don't know why there are no examples from the Middle East in the article. I think they would represent the most obvious examples, where many countries are depending almost entirely on oil and natural gas exports, lost all their pre-oil economic sectors, and face chronic difficulties in diversifying their economies now.--138.75.40.159 (talk) 14:18, 22 July 2021 (UTC)
thread_title:  Examples from the Middle East 

message: why isn't the eponymous ("The term was coined in 1977 by The Economist to describe the decline of the manufacturing sector in the Netherlands after the discovery of the large Groningen natural gas field in 1959.") Dutch example given in the list of examples? 199.127.133.181 (talk) 19:26, 4 November 2023 (UTC)
thread_title:  Examples