Politics In The Dutch Economy

First published in 1999, this volume surveys economic theories of political mechanisms as well as political theories of the influence of the institutional context in which decisions about social economic policies are being made. In the first half of the seventeenth century the Dutch Republic emerged as one of Europe's leading maritime powers. The political and military leadership of this small country was based on large-scale borrowing from an increasingly wealthy middle-class of merchants, manufacturers and regents This volume presents the first comprehensive account of the political economy of the Dutch republic from the sixteenth to the early nineteenth century. Building on earlier scholarship and extensive new evidence it tackles two main issues: the effect of political revolution on property rights and public finance, and the ability of the nation to renegotiate issues of taxation and government borrowing in changing political circumstances.

There is relatively little information on The Netherlands written in the English language which is easily accessible to social science students and even less which is systematically assembled between the covers of a single book. This is unfortunate not only because The Netherlands is an important part of Western Europe but because the experience of The Netherlands in the way in which it has attempted to resolve the economic and political problems confronting it may help to shed valuable light on similar issues facing other European countries. The contributions for this volume were chosen with these considerations in mind. On the one hand the selection of topics was intended to provide an overall impression of the political and economic development of The Netherlands since the Second World War. Thus separate chapters are devoted to an examination of economic develop ment; counter-inflation, energy, regional and planning policies; pressure groups, electoral performance, cabinet formation and colonial and Euro pean policies. On the other hand, these areas for investigation were chosen to invite specific contrast with the experience of other European nations or to illustrate certain problems of political or economic theory. It is my pleasure to thank, first of all, the contributors themselves for the conscientious way in which they prepared their drafts which made my task as editor so much easier. Secondly, it will be apparent to even the most casual observer that I have contributed two chapters.

In the first half of the seventeenth century the Dutch Republic emerged as one of Europe's leading maritime powers. The political and military leadership of this small country was based on large-scale borrowing from an increasingly wealthy middle class of merchants, manufacturers and regents This volume presents the first comprehensive account of the political economy of the Dutch republic from the sixteenth to the early nineteenth century. Building on earlier scholarship and extensive new evidence it tackles two main issues: the effect of political revolution on property rights and public finance, and the ability of the nation to renegotiate issues of taxation and government borrowing in changing political circumstances. The essays in this volume chart the Republic's rise during the seventeenth century, and its subsequent decline as other European nations adopted the Dutch financial model and warfare bankrupted the state in the eighteenth century. By following the United Provinces's financial ability to respond to the changing national and international circumstances across a three-hundred year period, much can be learned not only about the Dutch experience, but the wider European implications as well.

Coordination in Transition analyzes the evolution of the institutional structure of the Dutch political economy since 1950, focusing on the constant adaptation of deliberative institutions to structural economic change.

A major feat of research and synthesis, this book presents the first comprehensive history of the Dutch economy in the nineteenth century--an important but poorly understood piece of European economic history. Based on a detailed reconstruction of extensive economic data, the authors account for demise of the Dutch economy's golden age. After showing how institutional factors combined to make the Dutch economy a victim of its own success, the book traces its subsequent emergence as a modern industrial economy. Between 1780 and 1914, the Netherlands went through a double transition. Its economy--which, in the words of Adam Smith, was approaching a "stationary state" in the eighteenth century--entered a process of modern economic growth during the middle decades of the nineteenth. At the same time, the country's sociopolitical structure was undergoing radical transformation as the decentralized polity of the republic gave way to a unitary state. As the authors show, the dramatic transformation of the Dutch political structure was intertwined with equally radical changes in the institutional structure of the economy. The outcome of this dual transition was a rapidly industrializing economy on one side and, on the other, the neocorporatist sociopolitical structure that would characterize the Netherlands in the twentieth century. Analyzing both processes with a focus on institutional change, this book argues that the economic and political development of the Netherlands can be understood only in tandem.