The architects of Indonesia’s upcoming tax haven appear to be suffering from a case of historical amnesia, having completely forgotten the famous warning in economics named after their former colonisers.The Dutch Disease describes how a sudden influx of foreign money leads to an overvalued local currency, which renders the rest of the economy uncompetitive.Bloomberg OpinionSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles