Netherlands

E

Currency and Banking

The basic monetary unit was formerly the guilder (Dutch gulden) of 100 cents, but as part of the Netherlands’ commitment to the European single currency it adopted Euro notes and coins as from January 1, 2002. As at early 2007, 0.77 Euros equalled US$1. It is issued and regulated by De Nederlandsche Bank (1814), the state-owned central bank.

F

Commerce and Trade

The Dutch economy is extremely open to world trade. Much of the flow of goods into its ports is intended for trans-shipment to other countries, mainly other members of the EU. Throughout the 1980s and early 1990s the value of Dutch exports generally exceeded that of its imports; in 1995, for example, the country’s imports cost about US$133 billion, and its exports earned about US$146 billion. Major imports are manufactured goods (about 25 per cent of total imports), machinery and transport equipment (44 per cent), crude petroleum and petroleum products (7 per cent), food and live animals (8 per cent), and chemicals (8 per cent). Leading exports are mineral fuels and petroleum (about 11 per cent of total exports); food, beverages, and tobacco (20 per cent); chemicals (14 per cent); machinery and transport equipment (30 per cent); and manufactured items (about 18 per cent). Fellow members of the EU account for the majority of both imports and exports. Germany is the Netherlands’ most important single trading partner, accounting for more than 26 per cent of all trade. Natural gas exports have helped increase foreign exchange earnings, as has the growth of tourism. More than 4 million foreigners visit the Netherlands every year, attracted by its bulb and flower fields, by boating on its rivers and lakes, by historical, artistic, and cultural heritage, and by its relaxed, tolerant society. The Dutch are themselves eager travellers, however, and they sometimes spend more money abroad than foreigners spend in the Netherlands. In 1994 receipts from tourism were US$172 million, and expenditure by nationals abroad was US$112 million.

G

Labour

Of the approximately 8.61 million employed workers, about 73 per cent work in trade and services, 20 per cent are employed in manufacturing and industry,, and 3 per cent work in agriculture, forestry, and fishing. Approximately 29 per cent belong to trade union organizations, the largest of which are the Netherlands Trade Union Confederation and the Christian National Federation of Trade Unions in the Netherlands. The government systematically enters into negotiations between employers and unions in order to secure collective bargaining agreements that are consistent with its economic plans.

H

Transport

Because the Dutch economy is internationally oriented, good transport facilities have long been essential to its prosperity. Rotterdam is one of the world’s leading seaports; Amsterdam is also a major port. Both owe their importance to the canals and rivers that link the North Sea with the interior of Europe.

The New Waterway links Rotterdam to the North Sea, which is connected to Amsterdam by the North Sea Channel. A comprehensive system of inland waterways, with a total length of 5,046 km (3,135 mi) serves almost all of the country; 2,647 km (1,644 mi) of these waterways are navigable by vessels up to 1,000 gross tons. The Dutch ocean-going merchant fleet comprised 3.4 million deadweight tonnes in the early 1990s, and some 5,500 commercial vessels plied the inland waterways.

The state-owned railway network of some 2,813 km (1,748 mi) of track, about 70 per cent of which is electrified, covers the whole country and provides frequent passenger train services. Barge competition, however, prevents the railways from being major freight carriers.

About 2,320 km (1,440 mi) of limited-access highways and numerous bridges, tunnels, and ferries help to speed the flow of Dutch motor-vehicle traffic. In 1999 there were about 383 passenger vehicles per 1,000 people . Bicycle use continues to be important for local travel, and many roads have separate bicycle lanes.

The Netherlands’ busiest international airport is Schiphol, near Amsterdam; smaller airports serve Groningen, Maastricht, Rotterdam, and Eindhoven. Domestic air travel is of little importance. Royal Dutch Airlines (KLM) is the country’s leading carrier.

I

Communications

In addition to the many regional and local newspapers, the Netherlands has six nationally distributed daily newspapers, each tending to be associated with a particular political or social grouping. For example, the NRC-Handelsblad (published in Rotterdam) is liberal and non-sectarian, the Volkskrant (Amsterdam) has Roman Catholic ties, Trouw (Amsterdam) is close to the Reformed Church, and Het Vrije Volk (Rotterdam) is linked to the Socialist Party. The daily with the largest circulation is the independent De Telegraaf of Amsterdam. Under the Media Act of 1988, two national organizations coordinate radio and television broadcasting: an independent consortium provides production facilities, while a firm representing both government and the private sector transmits general-interest programming. Most programmes are produced by non-profit-making associations that are given funds raised by taxing radio- and television-receiver owners and are allocated air time according to the number of members they have. The major producers include VARA (socialist), NCRV (Protestant), KRO (Roman Catholic), and AVRO and TROS (both non-sectarian). The country has many smaller producers, making Dutch radio and television pluralistic even though private transmission facilities are not permitted. In 1997 some 9 million television receivers were licensed; there were an estimated 15 million radio sets.