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The natural resources of the Netherlands do not have as much of an impact on the economy as the outsized effects of oil for Norway. The Netherlands are primaril
by rbehrends 9y ago
The natural resources of the Netherlands do not have as much of an impact on the economy as the outsized effects of oil for Norway. The Netherlands are primarily wealthy for similar reasons as Germany: they're a successful trading nation (indicated by not just having high exports as a percentage of GDP, but also high imports). Obviously, the devil is in the details, but they are at a minimum more comparable to Germany than Norway.
- Someone 9y agoPercentage-wise, the impact on Norway is larger, yes, but still, I think the effect of having lots of natural gas was fairly big. But yes, in other ways they are more comparable to Germany. (as to that devil in the details, one could argue that the Rhine and the Meuse are natural resources that a) make farming way more productive by keeping the grass green and b) make it way easier to become a trading nation)