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Last update: May 20, 2015
  • The Dutch Disease

    The Dutch Disease

    Table of Contents Introduction 2 How does it create market failure 2 Factors which cause the Disease 4 Impact on exchange rates 5 References 6 ________________ Introduction The Dutch Disease, refers to that conundrum which an economy faces when the discovery of a high potential industry leads to an overall decline in productivity as well as economic growth. The reason why this disease has been named so is that because in the 1950s, the Netherlands

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    Essay Length: 1,788 Words / 8 Pages
    Submitted: July 6, 2019 Essay by Choon Meng

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