The Dutch disease becomes even more prevalent for the 17 nations sharing the Euro.
Unlike Dutch Disease, Crowding Out is basically a domestic phenomenon: it can occur in a country regardless of its international context.
That drives up prices and costs, crowds out private sector investment and makes manufacturing uncompetitive, all classic symptoms of the so-called Dutch Disease .
Since the sine qua non of Dutch disease is an overvalued currency, we can see if this is actually the case with the Russian ruble.
And, for the moment, "Dutch Disease" is a real concern: a hollowing out of Brazil's industrial sector, as the boom in commodities (plus a hugely competitive China) gradually prices them out of world markets, and the Brazilian one.
Normally a country would respond to a weakening of its currency by increasing exports, but in an economy ravaged by Dutch Disease there is little immediate ability to increase exports because the manufacturing sector has become so weak and withered and the country so dependent on imports.
Indeed rather than a dramatically overvalued ruble, which is what would happen if Russia were suffering from Dutch Disease, the most dramatic threat facing Russia in 2012 is that, as global growth retreats and prices for natural resources decline, the value of the ruble will stumble even further and require costly Central Bank interventions to prevent a panicky devaluation.
Inevitably, the success of a seemingly recession-proof economy gets this country a very strong financial press - even if, as we noted a few weeks back, the talk over the coming months will be of whether it has been infected by the "Dutch disease", an over-reliance on the booming resources sector that is having a distorting effect on the economy as a whole.
Dutch Elm disease changed the British landscape in the 1970s by killing large numbers of elm trees.
East Sussex has one of the country's largest populations of mature elms after controls were set up in 1973 to limit the spread of Dutch elm disease.
BBC: Protesters spend night up Brighton city centre elm tree
Many of the maples now being devoured by China's beetles were planted by his father, also Chicago's mayor, when Dutch elm disease swept through the city nearly three decades ago.
The effect of Dutch elm disease and sudden oak death on the island's trees will also be discussed at Mount Tabor Hall in Port St Mary at 19:30 GMT on Thursday.
Experts have warned that if ash dieback was to become widely established in the UK, the impact could be as serious as the 1970s outbreak of Dutch elm disease, which saw millions of trees destroyed.
In the end, it may just be disease that is attacking the Dutch trees, not our need to download mobile information at high speeds.
The disease, first identified on German and Dutch farms, is not thought to pose a risk to humans.
Pharming, a Dutch biotechnology firm, recently began clinical trials for alpha-glucosidase, a product designed to treat Pompe's disease, a metabolic disorder causing fatal degeneration of muscle.
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