Question

Answer the following questions about your chosen country in narrative form. For each of the questions, you must write a minimum of a two-paragraph analysis. a. What is the current status of the Netherlands in the world marketplace? Support your answer with research. Information must include in-text citations.

This is for international business

Answer 1

The Netherlands Market is characterized by a prosperous model of open economy which depends heavily on foreign trade. As in 2006, the Dutch economy is often noted for its low inflation and unemployment levels of 1.3 percent and 3.8 percent respectively), a substantial current account surplus and promotes European trade activities as a transport and communication hub. The Netherlands economy is listed as the world's 14th freest economy and, according to the Economic Freedom Index, the economy is 77.1% free with investment freedom at 90%, followed by market freedom at 88.3% and monetary freedom at 87%.

The economy has emerged as a major exporter of energy for about half a century, where government economic planning played a major role in marketing the products and reaping much-needed foreign exchange. The development of the Netherlands economy in the last year or two following the global economic downturn of 2001-05 can be attributed to private firms ' operations, although the politics and government play a major role in distributing almost half of the Netherlands ' national income.

Germany, with exports leading the way at 25.1%, was the leading export markets for the Netherlands as well as the primary source of imports for 2005. In the fields of transportation, logistics and financial services such as banking and insurance, companies accounting for more than half of the country's national income are. Industrial production, including mining, accounts for about 20% of GDP, while agriculture and fisheries account for 2% of GDP in the region. The Netherlands is the second largest producer of natural gas in the European Union and the ninth largest in the world, accounting for about 30 per cent of the EU's annual gas production and 2,7 per cent of the world's overall annual.

While low unemployment is the current situation in the Netherlands, there is a great need for labor market reform to improve macroeconomic resilience and employ more workers. The reasons of concern are long unemployment benefits and low female working hours, and employment rates for older workers. In the early stages of their unemployment, opportunities for unemployed people need to be sharpened. Several steps on the government's part have been taken to promote employability of older workers.