The report describes the progress made towards economic rehabilitation and reconstruction. It also outlines the challenges still facing the country.
The Economic Position of the Netherlands, prepared by the World Bank's Economic Department, surveys the economic rehabilitation and reconstruction effort in the Netherlands. The report finds that although progress was made in many different areas, there are still several challenges within the country. The physical damage resulting from the Second World War had been mostly restored, and industrial production had increased. An import surplus played a significant role in the reconstruction efforts by relieving some of the budget deficit caused by subsidies, reconstruction expenses, and military operations. Although strides were being made towards restoration, the Netherlands still has to deal with population increase challenges and the heavy debt accrued from the import surplus. The report concludes that the Netherlands still has plenty of work to do and will require assistance from the European Recovery Program for the next couple of years.
The report offers a general study of the Netherlands' economy.
March 31, 1947
Mr. de Roth provides an update on the writing of the Netherlands report (1697973).