Dutch Disease Is a Term Applied to a Problem in the 1970

question 8

Essay

Dutch Disease is a term applied to a problem in the 1970 whereby the Netherlands were experiencing massive and sudden inflows of capital from abroad. What was the cause of this sudden influx of capital, and what types of potential problems did it have for the Dutch or could it have for any small single resource country?

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Definitions:

Heterozygous

Having two different alleles.

Homozygous

Having two identical alleles.

Monozygotic

Refers to twins, originating from the same egg, and are genetically identical.

Dizygotic

Pertaining to or derived from two separate fertilized eggs, resulting in fraternal twins that are genetically similar to siblings born at different times.