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

Pavlo Ignatiev (1), Iuliia Tsyrfa (2)
(1) International Regional Studies of the Educational and Scientific Institute of International Relations, Taras Shevchenko National University of Kyiv, Ukraine, Ukraine,
(2) International Regional Studies of the Educational and Scientific Institute of International Relations, Taras Shevchenko National University of Kyiv, Ukraine, Ukraine

Abstract


This study aims to explore the primary factors and prerequisites that have contributed to the intensive economic development of the Netherlands. By examining the roles of tourism, logistics, industry, and agriculture, the research seeks to understand how these sectors have driven what is often referred to as the Dutch economic miracle. The study employs historical methods, the theory of relative advantages, and general scientific research methodologies. It analyzes the impact of successful domestic reforms, a favorable trade regime, and deep integration with the European Union on the Netherlands' economic growth. The study identifies key factors that have facilitated the Netherlands' rapid economic growth, including government-led reforms in the late 1990s, a trade regime that emphasizes economic freedom, and strategic integration with the European Union. These elements have collectively enabled the Netherlands to maximize the benefits of the European single market and secure its position as a leading economy within the EU. The research concludes that the Netherlands' economic success is largely due to a combination of well-executed domestic policies and strategic international partnerships. The country’s ability to leverage its geographical advantages, coupled with its commitment to free trade and integration into the European market, has been pivotal in sustaining its economic growth. This study provides a potential roadmap for other nations facing economic challenges due to insufficient national planning. The insights gained could be particularly beneficial for Ukraine as it embarks on post-war reconstruction efforts, offering guidance on how to implement effective economic policies and strategies for long-term development.


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Authors

Pavlo Ignatiev
pavloi@yahoo.com (Primary Contact)
Iuliia Tsyrfa
Author Biographies

Pavlo Ignatiev, International Regional Studies of the Educational and Scientific Institute of International Relations, Taras Shevchenko National University of Kyiv, Ukraine

Pavlo IGNATIEV: Doctor of Political Science, Senior Professor at the Chair of International Regional Studies of the Educational and Scientific Institute of International Relations of Taras Shevchenko National University of Kyiv. Teaches such subjects as ‘Country Studies: Asian, African andLatin American Countries’, ‘Geopolitical and Geo-Economic Interests in World Politics’, ‘Actual problems of international security’.

Iuliia Tsyrfa, International Regional Studies of the Educational and Scientific Institute of International Relations, Taras Shevchenko National University of Kyiv, Ukraine

Ph.D. in Political Science, Associate Professor at the Chair of International Regional Studies of the Educational and Scientific Institute of International Relations of Taras Shevchenko National University of Kyiv, Ukraine. The research papers are published in scientific journals of Ukraine, Poland, the Czech Republic, Lithuania, Nigeria, Romania, Belarus, and Russia. Scientific interests include foreign policy identity and political development of Ukraine and other European and North American Countries.
Ignatiev, P., & Tsyrfa, I. (2022). What Is Behind The Stunning Economic Success Of The Netherlands? The Dutch Economic Miracle: A Strategic Perspective. Innovation Journal of Social Sciences and Economic Review, 4(4), 11–23. https://doi.org/10.36923/ijsser.v4i4.156

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