What Is Behind The Stunning Economic Success Of The Netherlands? The Dutch Economic Miracle: A Strategic Perspective

Purpose of the study: This paper examines the main factors and prerequisites for the intensive economic development of the Netherlands by taking into account the contribution of tourism, logistics, industry, and agriculture to the economic miracle. Methodology: In this work, the historical methods,...

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Bibliographic Details
Main Authors: Pavlo Ignatiev, Iuliia Tsyrfa
Format: Article
Language:English
Published: Editorial Office International Journal of Social Sciences and Economic Review 2022-12-01
Series:International Journal of Social Sciences and Economic Review
Subjects:
Online Access:https://ijsser.com/index.php/ijsser/article/view/156
Description
Summary:Purpose of the study: This paper examines the main factors and prerequisites for the intensive economic development of the Netherlands by taking into account the contribution of tourism, logistics, industry, and agriculture to the economic miracle. Methodology: In this work, the historical methods, as well as the theory of relative advantages and the general methods of scientific research, were used. Main findings: The preconditions for the rapid growth of the Dutch economy include successful domestic reforms carried out by the Government at the end of the 1990-is; a favorable trade regime focused on the freedom to exercise an economic or commercial activity; as well as deep integration of the country with the European Union that allows it to take full advantage of the European single market and remain one of the economic leaders within this Community. Research limitations/implications: In this study, authors propose a roadmap for those countries that are struggling because of the lack of well-thought national planning policy. They also hope that their information may be useful for Ukraine in the process of post-war reconstruction in the future. Novelty/Originality of this study: This article represents an attempt to create a comprehensive picture of the Dutch economic miracle that includes export performance, logistical activities of Rotterdam Port, Schiphol, and Eindhoven International Airports, and the functioning of the highly efficient tourism industry that encompasses the Netherlands and the region of the Dutch Caribbean. In the article, both authors combine historical knowledge
ISSN:2706-9346