Why is The NETHERLANDS so RICH? - How it became the world’s second largest exporter of food?

The Netherlands is a small country in Northern Europe, home to just over 17 million people. A good part of the territory is below sea level, which is why it is famous for its engineering works to face the challenges of constant flooding. It is also famous for being one of the most stable and wealthy countries in the world. By 2017, according to the World Bank, it had a GDP per capita of $48,000 higher than countries like Australia, Canada or the United Kingdom. The questions addressed in the video are: what reasons explain the wealth of the Netherlands? How did the discovery of a natural gas field almost ruin the Dutch economic “miracle“? And how did such a small country become the world’s second largest food exporter? Other videos of interest: - Why is AUSTRALIA so RICH? - Why is it call the LUCKY COUNTRY? Sources of interest: - McMahon, Fred (2000). Road to Growth - The Dutch Miracle. Atlantic Institute for Market Studies. Data: - About trade in The Netherlands: #economicsnation #netherlands