Political pressure groups and leaders: large multinational firms; Federation of Netherlands Trade Union Movement (comprising Socialist and Catholic trade unions) and a Protestant trade union; Federation of Catholic and Protestant Employers Associations; the nondenominational Federation of Netherlands Enterprises; and Interchurch Peace Council or IKV

International organization participation: AfDB, AsDB, Australia
Group, Benelux, BIS, CCC, CE, CERN, EAPC, EBRD, ECE, ECLAC, EIB,
EMU, ESA, ESCAP, EU, FAO, G-10, IADB, IAEA, IBRD, ICAO, ICC, ICFTU,
ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat,
Intelsat, Interpol, IOC, IOM, ISO, ITU, MTCR, NAM (guest), NATO,
NEA, NSG, OAS (observer), OECD, OPCW, OSCE, PCA, UN, UNCTAD, UNESCO,
UNHCR, UNIDO, UNMIBH, UNTSO, UNU, UPU, WCL, WEU, WHO, WIPO, WMO,
WToO, WTrO, ZC

Diplomatic representation in the US: chief of mission: Ambassador Joris M. VOS chancery: 4200 Linnean Avenue NW, Washington, DC 20008 consulate(s) general: Chicago, Houston, Los Angeles, New York

Diplomatic representation from the US: chief of mission: Ambassador Cynthia P. SCHNEIDER embassy: Lange Voorhout 102, 2514 EJ, The Hague mailing address: PSC 71, Box 1000, APO AE 09715 consulate(s) general: Amsterdam

Flag description: three equal horizontal bands of red (top), white, and blue; similar to the flag of Luxembourg, which uses a lighter blue and is longer

Economy

Economy—overview: This prosperous and open economy is based on private enterprise with the government's presence felt in many aspects of the economy. Industrial activity features food processing, petroleum refining, and metalworking. The highly mechanized agricultural sector employs only 4% of the labor force, but provides large surpluses for export and the domestic food-processing industry. As a result, the Netherlands ranks third worldwide in value of agricultural exports, behind the US and France. Sharp cuts in subsidy and social security spending since the 1980s helped the Dutch achieve sustained economic growth combined with falling unemployment and moderate inflation. The economy achieved a strong 3.7% growth in 1998; a dip in the business cycle probably will cause the economy to decelerate to slightly over 2% growth in 1999. Unemployment in 1999 is expected to be less than 5% of the labor force, and inflation probably will decline. The Dutch joined the first wave of 11 EU countries launching the euro system on 1 January 1999.

GDP: purchasing power parity—$348.6 billion (1998 est.)

GDP—real growth rate: 3.7% (1998 est.)

GDP—per capita: purchasing power parity?$22,200 (1998 est.)