{"id":26670,"date":"2015-03-13T07:10:59","date_gmt":"2015-03-13T07:10:59","guid":{"rendered":"http:\/\/vskills.in\/certification\/blog\/?p=26670"},"modified":"2024-04-03T13:15:52","modified_gmt":"2024-04-03T07:45:52","slug":"dutch-disease","status":"publish","type":"post","link":"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/","title":{"rendered":"Dutch Disease"},"content":{"rendered":"<p style=\"text-align: center\"><a ref=\"magnificPopup\" href=\"http:\/\/vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Dutch-Disease.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-26737\" alt=\"Dutch Disease\" src=\"http:\/\/vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Dutch-Disease.jpg\" width=\"293\" height=\"172\" \/><\/a><\/p>\n<p>Dutch Disease is the negative impact on an economy that results from an increase in revenues from exploitation and export of natural resources. As the revenues increase, the nation&#8217;s currency strengthens .<\/p>\n<p>But, this results in the nation&#8217;s other products becoming less price competitive on the export market since their cost increases . The Dutch Disease also results in an increase in imports.There is also a increased demand of factors of production by the industry which is strengthening the nation&#8217;s currency. This makes the other sectors less profitable, as the price for their factors of production increases.<\/p>\n<p>&#8220;The Economist&#8221; coined the term in 1977 to describe the decline of the manufacturing sector after the discovery of a large natural gas field in 1959. This happened when, in 1960, Netherlands experienced a vast increase in its wealth after discovering large natural gas deposits in the North Sea. Unfortunately, as the Dutch currency strengthened, resulting in Dutch non-oil exports more expensive and less competitive.<\/p>\n<p><a href=\"http:\/\/www.vskills.in\/certification\/accounting-banking-and-finance\">Click here for government certification in Accounting, Banking &amp; Finance<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dutch Disease is the negative impact on an economy that results from an increase in revenues from exploitation and export of natural resources. As the revenues increase, the nation&#8217;s currency strengthens . But, this results in the nation&#8217;s other products becoming less price competitive on the export market since their cost increases . The Dutch&#8230;<\/p>\n","protected":false},"author":855,"featured_media":26737,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[1519],"tags":[1498,1366,2591,2590,1283],"class_list":["post-26670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting-banking-and-finance","tag-competition","tag-economy","tag-export","tag-negative-impact","tag-revenue"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dutch Disease - Vskills Blog<\/title>\n<meta name=\"description\" content=\"What is the Dutch Disease?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dutch Disease - Vskills Blog\" \/>\n<meta property=\"og:description\" content=\"What is the Dutch Disease?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/\" \/>\n<meta property=\"og:site_name\" content=\"Vskills Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/vskills.in\" \/>\n<meta property=\"article:published_time\" content=\"2015-03-13T07:10:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-03T07:45:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Dutch-Disease.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"293\" \/>\n\t<meta property=\"og:image:height\" content=\"172\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anusha\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anusha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/\",\"url\":\"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/\",\"name\":\"Dutch Disease - Vskills Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Dutch-Disease.jpg\",\"datePublished\":\"2015-03-13T07:10:59+00:00\",\"dateModified\":\"2024-04-03T07:45:52+00:00\",\"author\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/6a59db61963922d8dbee788294b19600\"},\"description\":\"What is the Dutch Disease?\",\"breadcrumb\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/#primaryimage\",\"url\":\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Dutch-Disease.jpg\",\"contentUrl\":\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Dutch-Disease.jpg\",\"width\":293,\"height\":172},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.vskills.in\/certification\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dutch Disease\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#website\",\"url\":\"https:\/\/www.vskills.in\/certification\/blog\/\",\"name\":\"Vskills Blog\",\"description\":\"Vskills - A Initiative in Assessment to Enhance Employability\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.vskills.in\/certification\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/6a59db61963922d8dbee788294b19600\",\"name\":\"Anusha\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a300616352a0a10d3ec982c6359660c80c83cc54e632572848db31fb46248d87?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a300616352a0a10d3ec982c6359660c80c83cc54e632572848db31fb46248d87?s=96&d=mm&r=g\",\"caption\":\"Anusha\"},\"description\":\"I am currently a second year student pursuing Bachelor of Management Studies from DU. I have a strong interest in finance and economics.\",\"url\":\"https:\/\/www.vskills.in\/certification\/blog\/author\/anusha\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Dutch Disease - Vskills Blog","description":"What is the Dutch Disease?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/","og_locale":"en_US","og_type":"article","og_title":"Dutch Disease - Vskills Blog","og_description":"What is the Dutch Disease?","og_url":"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/","og_site_name":"Vskills Blog","article_publisher":"https:\/\/www.facebook.com\/vskills.in","article_published_time":"2015-03-13T07:10:59+00:00","article_modified_time":"2024-04-03T07:45:52+00:00","og_image":[{"width":293,"height":172,"url":"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Dutch-Disease.jpg","type":"image\/jpeg"}],"author":"Anusha","twitter_misc":{"Written by":"Anusha","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/","url":"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/","name":"Dutch Disease - Vskills Blog","isPartOf":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/#primaryimage"},"image":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/#primaryimage"},"thumbnailUrl":"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Dutch-Disease.jpg","datePublished":"2015-03-13T07:10:59+00:00","dateModified":"2024-04-03T07:45:52+00:00","author":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/6a59db61963922d8dbee788294b19600"},"description":"What is the Dutch Disease?","breadcrumb":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/#primaryimage","url":"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Dutch-Disease.jpg","contentUrl":"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Dutch-Disease.jpg","width":293,"height":172},{"@type":"BreadcrumbList","@id":"https:\/\/www.vskills.in\/certification\/blog\/dutch-disease\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.vskills.in\/certification\/blog\/"},{"@type":"ListItem","position":2,"name":"Dutch Disease"}]},{"@type":"WebSite","@id":"https:\/\/www.vskills.in\/certification\/blog\/#website","url":"https:\/\/www.vskills.in\/certification\/blog\/","name":"Vskills Blog","description":"Vskills - A Initiative in Assessment to Enhance Employability","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.vskills.in\/certification\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/6a59db61963922d8dbee788294b19600","name":"Anusha","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a300616352a0a10d3ec982c6359660c80c83cc54e632572848db31fb46248d87?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a300616352a0a10d3ec982c6359660c80c83cc54e632572848db31fb46248d87?s=96&d=mm&r=g","caption":"Anusha"},"description":"I am currently a second year student pursuing Bachelor of Management Studies from DU. I have a strong interest in finance and economics.","url":"https:\/\/www.vskills.in\/certification\/blog\/author\/anusha\/"}]}},"_links":{"self":[{"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/posts\/26670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/users\/855"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/comments?post=26670"}],"version-history":[{"count":4,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/posts\/26670\/revisions"}],"predecessor-version":[{"id":71571,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/posts\/26670\/revisions\/71571"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/media\/26737"}],"wp:attachment":[{"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/media?parent=26670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/categories?post=26670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/tags?post=26670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}