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Seminar paper from the year 2003 in the subject Economics - Case Scenarios, grade: A, Vrije University Brussel (Vesalius College), language: English, abstract: The Dutch empire had played a quite big role in the worlds politics and economics in the end of the 18th and the beginning of the 19th century. The Netherlands held a prospering empire with flourishing trade. With the beginning of the Industrialisation the Netherlands fell back in international competitiveness. The Dutch economy experienced a great boom 1945 after the second world war on the base of chemical and Electro-Industry. However the development of the Netherlands differed from most European countries. This essay intends to de...
This volume in the series contains 13 selections from books and journals published between 1979 and 1992. All appear here in English (most are translated from the Dutch) to represent debate and study on various aspects of economic conditions in The Netherlands since 1870. No index. Distributed by Ashgate. Annotation copyright by Book News, Inc., Portland, OR
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Ecoltomic and political background When after five years of war and occupation (May 194o-May 1945) The Netherlands started on the road to recovery, the economy was in a catastrophic condition. As a result of destruction, requisitioning and looting, and of unavoidable expenditures by the Government in exile, the national wealth in terms of real and financial assets had been reduced by about 30 per cent. The productive capacity in industry, agriculture, transportation and infrastructure was heavily damaged, stocks were exhausted and labor productivity was serious ly underminded (the daily food ration had reached the near starvation level of barely 600 calories per person).1 Monetary reserves a...
This paper demonstrates that the Dutch disease need not materialize in low-income countries that can draw on their idle productive capacity to satisfy the aid-induced increased demand. Diagnoses on, and prognoses for, the Dutch disease should take into account country-specific circumstances to avoid ill-advised policies. The paper emphasizes that using public resources inefficiently can be more painful than real exchange rate appreciations, which may not necessarily embody the Dutch disease.
A major feat of research and synthesis, this book presents the first comprehensive history of the Dutch economy in the nineteenth century--an important but poorly understood piece of European economic history. Based on a detailed reconstruction of extensive economic data, the authors account for demise of the Dutch economy's golden age. After showing how institutional factors combined to make the Dutch economy a victim of its own success, the book traces its subsequent emergence as a modern industrial economy. Between 1780 and 1914, the Netherlands went through a double transition. Its economy--which, in the words of Adam Smith, was approaching a "stationary state" in the eighteenth century-...
There is relatively little information on The Netherlands written in the English language which is easily accessible to social science students and even less which is systematically assembled between the covers of a single book. This is unfortunate not only because The Netherlands is an important part of Western Europe but because the experience of The Netherlands in the way in which it has attempted to resolve the economic and political problems confronting it may help to shed valuable light on similar issues facing other European countries. The contributions for this volume were chosen with these considerations in mind. On the one hand the selection of topics was intended to provide an ove...