WebCopyright 1977, The Economist Newspaper Limited Business and Finance ... WebOrigin: While the idea was first proposed by economists Peter Neary and Max Corden in 1982, the term ‘Dutch disease’ was first coined by The Economist in 1977 to describe the decline of the manufacturing industry in the Netherlands. What happened in the Netherlands? In the 1960s, the Netherlands discovered gas reserves in the North Sea.

What Dutch disease? - Econlib

WebThe term Dutch disease was first used by economists in describing the problematic structural consequences of the reduction of natural gas in the Netherlands during the 1960s. The term Dutch disease suggests that such a development is to be assessed negatively. WebMar 3, 2024 · The Economist magazine coined the term "Dutch disease" to describe what the Netherlands experienced during the 1970s. Large gas reserves were discovered in 1959, and after the fields were developed, Dutch exports boomed. ... Since the Dutch disease mechanism relies upon movements in the value of a country’s currency, the most … list of bitters for digestion

How to avoid the Dutch disease World Economic Forum

Webeconomists have used the dutch disease model to examine such episodes, including the impact of the flow of american treasuresinto sixteenth-century spain and gold discoveries in australia in the 1850s.” 2. “the dutch disease” (november 26, 1977). the economist, pp. 82-83. 3. corden, w. m., and p. j. neary. 1982. WebThe Economist explains Explaining the world, daily Sponsored by The Economist explains Nov 5th 2014, 23:50 by C.W. KIEV THIS YEAR the Russian rouble has lost 25% of its value. That sounds awful and indeed could cause Russia problems. Some economists, though, reckon that a weaker rouble could be good for Russia because of its recent "Dutch … images of schavaria reeves