Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Where in Continental Europe does the New Economy seem to be developing most quickly?

0
10 Posted

Where in Continental Europe does the New Economy seem to be developing most quickly?

0
10

A. In many ways you can see it most clearly in The Netherlands. Economists here are constantly having to raise their economic forecasts upward here. We’ve had a period of economic expansion for five years. As in the U.S., that’s close to being historically unprecedented if you eliminate the “catching up” phase of growth in The Netherlands after World War II. Q. How fast is the economy in the Netherlands growing? A. It’s averaging about 2.5%. That’s lower than in the U.S., but higher than the historical pattern, which is around 2% growth. Q. What is driving Dutch economic growth? A. You have a lot of strong sectors that are typical of the New Economy: telecom deregulation is ahead of much of the rest of Europe. Internet penetration also is much higher than in the rest of Europe. It’s higher in the U.S., and Finland, and the rest of Scandinavia. But after that comes The Netherlands. In general, the Dutch economy is very service-oriented. We are very strong globally in insurance, media, a

Thanksgiving questions

*Sadly, we had to bring back ads too. Hopefully more targeted.