The DUTCH Smartest game of ECONOMY

The dutch are among the smartest countries in the world and for that reason it’s not really a miracle that it stands out on the list of richest countries in the world. With a gdp per capita of around 58000 u s dollars it positioned itselve at the seventeenth place among all countries on the planet.
In an earlier video we discussed how the netherlands made it to the top countries if looking at gdp. And rewinding to the history of the country, we saw the major rise mainly because of the trade that the dutch have build over the years. Now, that is how they got to this point, but what is probably even more fascinating is how the dutch manage to keep their economics among the top of richest in the world. With many countries experiencing an extraordinary uprising if looking at gdp, it’s unbelievable to see that such a small country can keep up with these giants.

#netherlands #rich #gdp

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[RichardRenes]

2 corrections:

1: "when you feel sick... to bad: you go to work". NO: when you feel sick you call in sick. Unlike people in the US, Dutch people can stay home when they are sick so they won't infect other people at work.

2: "The Dutch are among the hardest working people". Again NO... we are among the most efficient working people. We do in 36 hours what people in some countries can not even manage in 60 hours. That has it's origin in workers being able to speak up and bringing in actual improvements rather than always having to do what the boss says.

[DenUitvreter]

No it didn't start in the 17th century and the Dutch share of the European trade was far too big, more than half of all of it, for the VOC to have a siginificant economic impact. Europeans didn't live on nutmeg wearing silk, wheat, bear, wine, cloth was where the big money was. The Dutch were filthy rich before colonialism started to return any profit. Dutch colonialism actually started out as taking the 80-year for independence to the Spanish/Portuguese overseas sources of income they financed the sieges of Dutch cities with, while colonialism in general allowed Britain and France to start rivalling the Dutch because they stood no chance in the far bigger European trade. It's not like Ali Express back then, a ship load from East-Asia would take over a year.

One of the best geographical locations a country could wish for? It was the worst geographical location. It was partly North Sea and partly flood prone land, the Dutch made into a geographical location people actually wanted to live and could stay alive. It's useless without hydro engineering and shipping skills, and the free trade, open seas and capitalism in general are concepts introduced, promoted and enforced by the Dutch themselves. The Dutch came up with the souvereign nation state, religious tolerance, upward social mobility, freedom, international law, the 'mare liberum' and modern capitalism, they created the order of the world they flourished in and the land they flourished from.

Rotterdam was no good sea port, it only was made into one by digging canals and changing waterways inland. The Dutch changed their neighbours form mercantilistic zero sum feudal monarchies into nations they could deal with and profit from, the UK in particular that was saved from the Dark Ages by a Dutch invasion in 1688. With it's freedom of printing press it was the cradle of the enlightenment. It might be a popular narrative to pretend it's about being lucky with geographics and colonial crime (which there was), the Netherlands is proof of the contrary, as it had to shape it's land and the world first to be to it's advantage.

[joeferreira]

Great country, yes, hard working and sane society. Progressive, love the lingo, visited twice, wish I had seen more of country.

[KootFloris]

Hm, Dutchie here. 2 side notes: 1. The Dutch are also a tax haven. And I bet that includes some scamming.
2. The Dutch are NOT the hardest workers. Look at other videos praising the Dutch work-life balance. But they rank among the most productive per hour. That's why in the USA many underpaid people work much less hard. When paid an unfair amount per hour one will put in more hours to do the same amount of work. It's a sad necessity ;)

[markvanderknoop]

We started 30 years ago with knowledge economy instead of a production economy.
That is what keeps us on a top level.

[dorryakgul]

I am dutch and we dont like small talks
We like to come straight to the point and most off the time we say what we are thinking !!! Better !!😊😊😊

[Cookybaker]

The direct and honest culture is helpful too.

[palantir]

You forget the Wageningen university, where all the agricultural new techniques are developed.
We are not the hardest workers in the world but probably the most efficient.
If you get sick, you stay at home so your colleagues won’t get infected.
You didn’t mention ASML.

[pprehn]

I was born there, emigrated at 9 years of age, miss the Hanseatic architecture and the 'gezeligheid' manners that come with socializing.

[dutchman]

Would like to see statistics that truly matter. Simply cut off the top 2% richest and 3% poorest of each country and show what the GDP of 95% of the population is. Because we all know that in some countries the top 1% cashes in over half the countries income.
Those people usually do not spend their money locally, but international, while in fact the 'man in the street' earns half what is displayed in the statistics. If you do this, the Middle East countries, East Asian countries and American countries will drop significantly, while European counties will climb in the charts. Wealth is far more spread in Europe.
Same goes for education, heath care, social security, housing, etc. While in mentioned countries the happy few lack nothing, big parts of the population live in poverty.
And though rich people will eat more expensive food and drink more expensive beverages, there is a physical limit on consumption.
So I would like to see which wealth 95% has, what they can afford, which standard of living do they have.

[GabberPinda]

You forgot to mention dance music and dj's and amsl the chip machine factory.

[FrankHeuvelman]

Long term thinking (also known as child friendly thinking) is the main reason of our stable growth.
Patiently waiting for opportunity to arrive is not a thing here. We rather create opportunity ourselves. (and opportunity is always everywhere to be found) Another thing is that every skilled person is welcome to join our economy and become part of the Dutch success story.
Our taxes are high but they physically and visibly flows back to us, one way or another. No Military Industrial Complex_ to suck away 720 _billion_ dollars of taxpayer's money out of the economy every year without much to show for it.
Lack of racial prejudice and taking care of our poor and stupid are also pillars on which our success is based. And last but not least of course, we have a free and unbiased public school system to serve our future needs and, just as essential, we maintain a humane and uniform healthcare system to guarantee long term continuity in nation-wide growth.

[zovjlzm]

Wrong! In the Netherlands they say: "sick is sick." and please stay home until you are better. The employer pays.

[gertjanses]

Also dont forget the best DJ's in the world!!

[ricardoebbers]

we are proud of the VOC we shouldnt feel bad for history

[glike]

Getting to net zero will be very challenging for Netherlands

[Luxisssss]

Investments in education? I don't see them anywhere.

[joanneswyckmans]

You forgot about ASML, which is a dutch company, without, all computer technology will go back in time about 4-6 years.

[koksalceylan]

I love the Dutch, they are very smart and loving people.

[karelvankessel]

In terms of trade, look into the trade network of the Hansen cities mid 15th century. Apart from trade there is a rich history in science and technology today ASML is the market leader for chip manufactoring and of strategie global importance. There even is a ban in EUV machine for delivering to China.