Dutch disease
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In economics, Dutch disease is the apparent causal relationship between the increase in the economic development of a specific sector and a decline in other sectors. The term was coined in 1977 by The
The Groningen gas field in 1963
Novo Nordisk
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Novo Nordisk A/S is a Danish multinational pharmaceutical company headquartered in Bagsværd. Novo Nordisk is controlled by majority shareholder Novo Holdings A/S which holds approximately 28.1% of its
Dutch disease
…with a lack of taxes and large government expenses, caused issues after the depletion of much of its reserves. Denmark's reliance in the 2020s on Novo Nordisk's anti-obesity medications (GLP-1 receptor agonists) to drive all its economic growth. Balance of trade…
Headquarters in Bagsværd, Denmark
August Krogh