The Netherlands


The Netherlands

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The Netherlands is a country that is part of the Kingdom of the Netherlands. It is a parliamentary democratic constitutional monarchy. The Netherlands is located in Northwestern Europe, and bordered by the North Sea to the north and west, Belgium to the south, and Germany to the east. The capital is Amsterdam and the seat of government is The Hague.

The Netherlands is often called Holland, which is formally incorrect as North and South Holland are actually two of its twelve provinces (see terminology of "the Netherlands"). The word Dutch is used to refer to the people, the language, and anything appertaining to the Netherlands.

Being one of the first parliamentary democracies, the Netherlands was a modern country from its very foundation. Among other affiliations the country is a founding member of the European Union (EU), NATO, OECD, WTO, and has signed the Kyoto protocol. With Belgium and Luxembourg it forms the Benelux economic union. The country is host to five international courts: the Permanent Court of Arbitration, the International Court of Justice, the International Criminal Tribunal for the Former Yugoslavia, the International Criminal Court and the Special Tribunal for Lebanon. The former four are situated in The Hague as is the EU's criminal intelligence agency Europol. This has led to the city being dubbed "the world's legal capital."

The Netherlands is a geographically low-lying country, with about 27% of its area and 60% of its population located below sea level. Significant areas have been gained through land reclamation and preserved through an elaborate system of polders and dikes. Much of the Netherlands is formed by the estuary of three important European rivers, which together with their distributaries form the Rhine-Meuse-Scheldt delta. Most of the country is very flat, with the exception of foothills in the far south–east and several low-hill ranges in the central parts created by ice-age glaciers.

The Netherlands is a densely populated country. It is known for its traditional windmills, tulips, cheese, clogs (wooden shoes), delftware and gouda pottery, for its bicycles, and in addition, traditional values and civil virtues such as its social tolerance. The country has more recently become known for its liberal policies toward drugs, prostitution, homosexuality, and euthanasia. It also has one of the most free market capitalist economies in the world, ranking 12th of 157 countries in one index. (Credit: Wikipedia).

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Amsterdam

Amsterdam is the capital and largest city of the Netherlands, located in the province of North Holland in the west of the country. The city, which had a population of around 1 million (with suburbs) on 1 January 2008, comprises the northern part of the Randstad, the 6th-largest metropolitan area in Europe, with a population of around 6.7 million.

Its name is derived from Amstel dam, indicative of the city's origin: a dam in the river Amstel where the Dam Square is today. Settled as a small fishing village in the late 12th century, Amsterdam became one of the most important ports in the world during the Dutch Golden Age, a result of its innovative developments in trade. During that time, the city was the leading center for finance and diamonds. In the 19th and 20th centuries, the city expanded and many new neighbourhoods and suburbs were formed.

The city is the financial and cultural capital of the Netherlands. Many large Dutch institutions have their headquarters there, and 7 of the world's top 500 companies, including Philips and ING, are based in the city]. The Amsterdam Stock Exchange, part of Euronext, is located in the city centre. Amsterdam's main attractions, including its historic canals, the Rijksmuseum, the Van Gogh Museum, Anne Frank House, its red-light district and its many cannabis coffee shops, draw 4.2 million tourists annually.

Economy

Amsterdam is the financial and business capital of the Netherlands. Amsterdam is currently one of the best European cities in which to locate an international business. It is ranked fifth in this category and is only surpassed by London, Paris, Frankfurt and Barcelona. Many large Dutch corporations and banks have their headquarters in Amsterdam, including ABN AMRO, Akzo Nobel, Heineken International, ING Group, Ahold, TomTom, Delta Lloyd Group and Philips. KPMG International's global headquarters is located in nearby Amstelveen.
Though many small offices are still located on the old canals, companies are increasingly relocating outside the city centre. The Zuidas (English: South Axis) has become the new financial and legal hub. The five largest law firms of the Netherlands, a number of Dutch subsidiaries of large consulting firms like Boston Consulting Group and Accenture, and the World Trade Center Amsterdam are also located in Zuidas.

There are three other smaller financial districts in Amsterdam. The first is the area surrounding Amsterdam Sloterdijk railway station, where several newspapers like De Telegraaf have their offices. Also, the municipal public transport company (Gemeentelijk Vervoersbedrijf) and the Dutch tax offices (Belastingdienst) are located there. The second financial district is the area surrounding Amsterdam Arena. The third is the area surrounding Amsterdam Amstel railway station. The tallest building in Amsterdam, the Rembrandt Tower, is situated there, as is the headquarters of Philips.

The Amsterdam Stock Exchange (AEX), nowadays part of Euronext, is the world's oldest stock exchange and is one of Europe's largest bourses. It is situated near Dam Square in the city's centre.

Tourism

Amsterdam is the 5th busiest tourist destination in Europe, receiving more than 4.2 million international visitors annually. he number of visitors has been growing steadily over the past decade. This can be attributed to an increasing number of European visitors. 41,743 beds were located in 19,400 rooms in 351 hotels as of 2007. Two thirds of these hotels are located in the city's center. Hotels with 4 or 5 stars contribute 42% of the total beds available and 41% of the overnight stays in Amsterdam. The room occupation rate was 78% in 2006, up from 70% in 2005. The majority of tourists (74%), originate from Europe. The largest group of non-European visitors come from the United States, accounting for 14% of the total. Certain years have a theme in Amsterdam to attract extra tourists. For example, the year 2006 was designated "Rembrandt 400", to celebrate the 400th birthday of Rembrandt van Rijn. Some hotels offer special arrangements or activities due to these years. The average number of guests per year staying at the four campsites around the city, range from 12,000 to 65,000. (Credit: Wikipedia)

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