Netherlands in TIME magazine

Articles on Holland (Nederland) in TIME (1923 – )

Archive for Economy


A Dutch Money Master

497

The editor of World Financial Markets, the monthly newsletter, is Rimmer de Vries, 51, the most respected private forecaster of world currency exchange rates and trade flows.

Over the next five years OPEC’s petro powers will drain as much as $570 billion from the world’s oil-thirsty economies. Hardest hit will be the less developed countries. With their credit lines stretched to the snapping point, the LDCs may need $70 billion more than international banks are like ly…

European CEOs from companies like Philips, Shell and Heineken talk about Japan and President Nixon’s new economic program and its impact on other countries.

View of America: Down and Out or Up and Punching?

On Aug. 14, the U.S. was a world champion boxer taking punishment in the corner of the ring. On Aug. 15, by one movement, it had gained the middle of the ring and room for maneuver —a true heavyweight able…

The New Order

753

Sukarno was removed by Suharto. He must clean up the incredible economic mess that Sukarno has made of Indonesia. As a Dutch colony Indonesia supplied the world with its riches.

At long last, after months of delays and confusion, Indonesia’s Sukarno was removed as his country’s chief of state. The People’s Consultative Congress, Indonesia’s highest legislative body, stripped him of his presidential powers and turned them over to General Suhar to, the strongman who already exercised them in fact.

Indonesia…

Leaky Dikes

453

The Dutch have a severe balance-of-payments deficit, and with wages up 36.5% in three years and living costs climbing 5% annually, inflation is higher than any European neighbor.

Hans Brinker, Holland’s storybook skating whiz, needn’t hock the silver skates — not yet. But the way the Dutch economy is going, the occasion may arise. Holland has a severe balance-of-payments deficit, and with wages up 36.5% in three years and living costs climbing at an annual rate of 5%, the…

The Prize of the Indies

1733

In case the Japanese were to accomplish the creation of a New Order in East Asia the U. S. economy might be severely dislocated.

In December 1938, Prince Fumimaro Konoye, then Premier of Japan, made a famous speech in which he proclaimed that Japan’s aim was the creation of a New Order in East Asia. Ostensibly this meant that the Orient should be for Orientals, working in cooperation with each other; actually, it…

Gloomy Queen

538

Wilhelmina talks about the economic setback her country is facing since the 30s in her yearly thronespeech.

For 36 years that motherly monarch, Queen Wilhelmina Helena Pauline Maria, has driven in a gilded coach under the tree-lined streets of The Hague to open her Parliament. Last week for the first time in 33 of those years she did not have the comfortable figure of the Prince Consort, Henry, Duke…

Again Slump

221

The fall of the pound, Japan’s abandonment of the Gold standard, negatively influenced the Dutch economy. The draining of the Zuiderzee was progressing ahead of schedule.

“Never before,” said gloomy J. de Fesche of the Société Céramique last week. “in the history of the Dutch ceramic industry was the situation as catastrophic as now.” Other Dutch potters sadly nodded their heads. The fall of the pound has enabled British potmakers to dump their receptacles in Holland.

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