IR Background Paper of Netherlands

IR Background Paper of Netherlands - Lindsey Aronoff Period...

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Lindsey Aronoff Period 7 Row #5 Background Paper: The Netherlands Economically, The Netherlands depends heavily on foreign trade and is known for their stable industrial relations, moderate unemployment and inflation, a sizable current account surplus, and an important role as a European transportation hub. The GDP-per capita is $31,700 as of 2006. The Euro is the official currency. The Netherlands export machinery and transport equipment, chemical products, mineral fuels, and foodstuffs. They import machinery and transport equipment, chemical products, fuels, such as petroleum, foodstuffs, and clothing. Their trading partners are members of the EU, especially Germany and the United States, but others include Belgium, China, Spain, France, UK, Italy, and Russia. Some of the most common economic activities are fishing, shipbuilding, and the export of agriculture. The service industries combined account for more than 70 percent of the economy and employ more than 70 percent of the workforce. From government services to tourism, banking, and business and personal services, the Netherlands has one of the strongest service economies in the EU. The Kingdom of the Netherlands is a parliamentary democracy with a constitutional and hereditary monarchy. Queen Beatrice of the House of Orange has been the head of state since 1980. Executive power is given to the cabinet that is responsible to the lower house of parliament. This parliament is known as the States-General and is bicameral. The Eerste Kamer is the upper house that has 75 members who are elected for 6-year terms by the cabinet. The Tweede Kamer is the lower house that has 150
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members elected by popular vote for 4-year terms. Prime Minister Jan Peter Balkenende has been the head of government since July 22, 2002. The principal parties are the Labor Party, the Christian Democratic Appeal, the People’s Party for Freedom and Democracy, the Democrats 66, and the Lijst Pim Fortuyn. Having been under successive control of the Dukes of Burgundy, the Hapsburg
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This note was uploaded on 04/19/2011 for the course ECON 2023 taught by Professor Rush during the Spring '08 term at University of Florida.

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IR Background Paper of Netherlands - Lindsey Aronoff Period...

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