The Netherlands has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation.
The Netherlands has a market economy, but the state traditionally has been a significant participant in such fields as transportation, resource extraction, and heavy industry. The government also employs a substantial percentage of the total labour force and effects investment policy.
Amsterdam is the country's most populous city and the nominal capital. The Netherlands has been a parliamentary constitutional monarchy with a unitary structure since 1848.
The Coordinated Market Economies are Austria, Belgium, Denmark, Finland, Germany, Luxembourg, the Netherlands, Norway, and Sweden. The Uncoordinated Market Economies are Australia, Greece, France, Ireland, Italy, New Zealand, Portugal, Spain, and the United Kingdom.
A guide to the DUTCH supermarkets | everything you can find in the NETHERLANDS
Is the Netherlands a CME or LME?
CMEs make up the core of the Eurozone: Germany, the Netherlands, Austria, Belgium and Finland are more or less pure types of coordinated market economies, in which key areas of what can be called market support, namely training, wage setting, firms' collaboration over R&D and corporate finance, are not governed by ...
In their introductory chapter, "An Introduction to Varieties of Capitalism", Hall and Soskice set out two distinct types of market economy that implement capitalism: liberal market economies (LME) (e.g. US, UK, Canada, Australia, New Zealand, Ireland) and coordinated market economies (CME) (e.g. Germany, France, Japan, ...
The government system is a parliamentary constitutional monarchy; the chief of state is the king, and the head of government is the prime minister. The Netherlands has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation.
The Dutch people prefer you use “The Netherlands” as Holland is a Western region of the country and consists of two provinces: North Holland and South Holland [it used to be a single Province].
The word Dutch comes from a Proto-Germanic word meaning “of the people.” It shares a root with the German word Deutsch, which has led to some confusing names. The name Germans call Germany, for example, is Deutschland and the people there Deutsch. Dutch and German are related, after all, both being Germanic languages.
The economy of the Netherlands is at least 50% larger (probably more like two thirds larger) than the economy of North England. The incomes of people in North England are boosted by money transferred from the more prosperous South East, but Dutch households still have 20% more money to spend.
A European transportation hub, the Netherlands has the EU's fifth-largest economy, supported by exports of chemicals, refined petroleum, and electrical machinery and by a highly mechanized and profitable agricultural sector.
Taking advantage of a favorable agricultural base, the Dutch achieved success in the fishing industry and the Baltic and North Sea carrying trade during the fifteenth and sixteenth centuries before establishing a far-flung maritime empire in the seventeenth century.
The Netherlands was one of the pioneers of capitalism in the Middle Ages, giving rise to the spectacular Dutch Golden Age while ushering in an era of unprecedented, long-term economic growth.
The Netherlands (or Holland) may be a small country, but it's packed with world famous icons. Discover our bulb fields, windmills, cheese markets, wooden shoes, canals of Amsterdam, masterpieces of Old Masters, Delft Blue earthenware, innovative water-management and millions of bicycles.
The Netherlands consists of 12 provinces but many people use “Holland” when talking about the Netherlands. The two provinces of Noord- and Zuid-Holland together are Holland. The 12 provinces together are the Netherlands. Holland is often used when all of the Netherlands is meant.
Dutch people are usually very open, friendly and welcoming. In the Netherlands, only parents and children live together. In general, they do not live with grandparents, aunts, and uncles. During meals, Dutch families usually share their adventures of the day.
The Dutch government has officially decided to drop the moniker of Holland going forward, and will only refer to itself as the Netherlands. The Netherlands actually consists of 12 provinces, two of which combined make up Holland, so referring to the Netherlands as a whole as Holland is just wrong.
In Dutch, the country is called Nederland, so this can sometimes get translated as just Netherlands in English. However, according to the Dutch government, the official name of the country is the Netherlands - taken from the Kingdom of the Netherlands, or Koninkrijk der Nederlanden in Dutch.
Every country has its own estimate of how much they spend on living expenditures. The cost of living in the Netherlands is believed to be around 800-1000 Euros per month, including food, rent, transportation, books, and other expenses.
The Netherlands is informal, friendly and welcoming. Everyone can feel at home here, regardless of religion, ethnic background or sexual orientation. The Dutch speak many languages and the countryside and cities are easy and safe to travel through, by any means of transport.
Main exports are: machinery and transport equipment (28 percent of total exports), mineral fuels (23 percent), food (11 percent), clothing and footwear (10 percent) and pharmaceuticals (5 percent). Over 60 percent of total exports is sent to European Union countries.
CMEs are argued to have: a greater reliance on inter-firm and firm-bank coordination of activities; to be less reliant on the stock market; and to be characterised by long-term contractual commitments in the labour market. On this basis the UK is typically classified as an LME.
It presents the current state of knowledge about China in each of the five spheres of the political economy included in the varieties of capitalism model. It concludes that China in many respects resembles a liberal market economy (LME).
