The Netherlands, being an open economy, is vulnerable to global events. The recent recession, coupled with declining stocks, 9/11 attacks, Iraq War, have amplified the country's susceptibility to economic fluctuations.
This software review focuses on the economic situation in the Netherlands. As an open economy, this country is vulnerable to international events including the global recession that was compounded by falling share prices, the 9/11 attacks, the war in Iraq, and the outbreak of SARS. Despite these challenges, the Netherlands was still the eighth largest exporter of goods and services in 2003.
With a workforce of 7.5 million, it's worth noting that three-quarters of the population worked in the service sector. The per capita Gross Domestic Product (GDP) was €27,900, and the unemployment rate hovered at a low 5.3%.
It was interesting to note that growth was mainly occurring in the public sector, education, and healthcare, with services likely increasing in demand. Overall, this economic snapshot of the Netherlands serves as a reminder of the importance of understanding a country's specific market climate before conducting business there.
With a workforce of 7.5 million, it's worth noting that three-quarters of the population worked in the service sector. The per capita Gross Domestic Product (GDP) was €27,900, and the unemployment rate hovered at a low 5.3%.
It was interesting to note that growth was mainly occurring in the public sector, education, and healthcare, with services likely increasing in demand. Overall, this economic snapshot of the Netherlands serves as a reminder of the importance of understanding a country's specific market climate before conducting business there.
What's New
Version 1.0: N/A