"Dutch disease" meaning in English

{
  "etymology_text": "Coined by The Economist magazine in 1977, to describe the situation in the Netherlands where a natural resources find of a large natural gas field caused the Dutch guilder to rise in valuation, depressing exports and causing the manufacturing sector to decline, that occurred after 1959.",
  "forms": [
    {
      "form": "the Dutch disease",
      "tags": [
        "canonical"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {
        "1": "en",
        "2": "noun",
        "head": "the Dutch disease"
      },
      "expansion": "the Dutch disease",
      "name": "head"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "topical",
          "langcode": "en",
          "name": "Economics",
          "orig": "en:Economics",
          "parents": [
            "Social sciences",
            "Sciences",
            "Society",
            "All topics",
            "Fundamental"
          ],
          "source": "w"
        }
      ],
      "glosses": [
        "An increase in the value derived from the natural-resources sector of the economy, leading to a rise in the valuation of the currency increasingly based on the natural-resources sector, and thus causing a deterioration in the manufacturing sector by making the manufactured goods less competitive in the export marketplace compared to those manufactured by economies with lower valuation currencies, because they are relatively more expensive."
      ],
      "id": "en-Dutch_disease-en-noun-snAqMUnv",
      "links": [
        [
          "economics",
          "economics"
        ],
        [
          "natural-resources",
          "natural resource"
        ],
        [
          "sector",
          "sector"
        ],
        [
          "economy",
          "economy"
        ],
        [
          "valuation",
          "valuation"
        ],
        [
          "currency",
          "currency"
        ],
        [
          "deterioration",
          "deterioration"
        ],
        [
          "manufacturing",
          "manufacture"
        ],
        [
          "competitive",
          "competitive"
        ],
        [
          "export",
          "export"
        ]
      ],
      "raw_glosses": [
        "(economics) An increase in the value derived from the natural-resources sector of the economy, leading to a rise in the valuation of the currency increasingly based on the natural-resources sector, and thus causing a deterioration in the manufacturing sector by making the manufactured goods less competitive in the export marketplace compared to those manufactured by economies with lower valuation currencies, because they are relatively more expensive."
      ],
      "topics": [
        "economics",
        "science",
        "sciences"
      ]
    },
    {
      "categories": [
        {
          "kind": "other",
          "name": "American English",
          "parents": [],
          "source": "w"
        }
      ],
      "glosses": [
        "Hollanditis."
      ],
      "id": "en-Dutch_disease-en-noun-0l4VYvjJ",
      "links": [
        [
          "Hollanditis",
          "Hollanditis"
        ]
      ],
      "raw_glosses": [
        "(dated, chiefly US) Hollanditis."
      ],
      "tags": [
        "US",
        "dated"
      ]
    },
    {
      "categories": [
        {
          "_dis": "21 26 53",
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
            "Entry maintenance"
          ],
          "source": "w+disamb"
        }
      ],
      "glosses": [
        "Dutch elm disease"
      ],
      "id": "en-Dutch_disease-en-noun-j39jMoHI",
      "links": [
        [
          "Dutch elm disease",
          "Dutch elm disease"
        ]
      ]
    }
  ],
  "wikipedia": [
    "Dutch disease",
    "The Economist"
  ],
  "word": "Dutch disease"
}

{
  "categories": [
    "English entries with incorrect language header",
    "English lemmas",
    "English multiword terms",
    "English nouns"
  ],
  "etymology_text": "Coined by The Economist magazine in 1977, to describe the situation in the Netherlands where a natural resources find of a large natural gas field caused the Dutch guilder to rise in valuation, depressing exports and causing the manufacturing sector to decline, that occurred after 1959.",
  "forms": [
    {
      "form": "the Dutch disease",
      "tags": [
        "canonical"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {
        "1": "en",
        "2": "noun",
        "head": "the Dutch disease"
      },
      "expansion": "the Dutch disease",
      "name": "head"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        "en:Economics"
      ],
      "glosses": [
        "An increase in the value derived from the natural-resources sector of the economy, leading to a rise in the valuation of the currency increasingly based on the natural-resources sector, and thus causing a deterioration in the manufacturing sector by making the manufactured goods less competitive in the export marketplace compared to those manufactured by economies with lower valuation currencies, because they are relatively more expensive."
      ],
      "links": [
        [
          "economics",
          "economics"
        ],
        [
          "natural-resources",
          "natural resource"
        ],
        [
          "sector",
          "sector"
        ],
        [
          "economy",
          "economy"
        ],
        [
          "valuation",
          "valuation"
        ],
        [
          "currency",
          "currency"
        ],
        [
          "deterioration",
          "deterioration"
        ],
        [
          "manufacturing",
          "manufacture"
        ],
        [
          "competitive",
          "competitive"
        ],
        [
          "export",
          "export"
        ]
      ],
      "raw_glosses": [
        "(economics) An increase in the value derived from the natural-resources sector of the economy, leading to a rise in the valuation of the currency increasingly based on the natural-resources sector, and thus causing a deterioration in the manufacturing sector by making the manufactured goods less competitive in the export marketplace compared to those manufactured by economies with lower valuation currencies, because they are relatively more expensive."
      ],
      "topics": [
        "economics",
        "science",
        "sciences"
      ]
    },
    {
      "categories": [
        "American English",
        "English dated terms"
      ],
      "glosses": [
        "Hollanditis."
      ],
      "links": [
        [
          "Hollanditis",
          "Hollanditis"
        ]
      ],
      "raw_glosses": [
        "(dated, chiefly US) Hollanditis."
      ],
      "tags": [
        "US",
        "dated"
      ]
    },
    {
      "glosses": [
        "Dutch elm disease"
      ],
      "links": [
        [
          "Dutch elm disease",
          "Dutch elm disease"
        ]
      ]
    }
  ],
  "wikipedia": [
    "Dutch disease",
    "The Economist"
  ],
  "word": "Dutch disease"
}