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Gulden
- Gulden (decimalized, 1817-2001)
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What monetary policy did the Netherlands have?
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Sep 6, 2017 · In 1917-1918 money supply (M1) increased faster than price levels, while the GDP decreased. This would be explainable if the government strictly limited trade and prices, which it was unable to do. Thus, the absorption of the increased money supply reflects substantial black markets.
It refused outright to issue new gold coins – de facto moving the Netherlands to a gold bullion standard in which only bankers had access to the precious metal underpinning the currency. Footnote 23 Later that month, DNB agreed a temporary ban on the private shipment of gold through the postal service, further extending its control of the ...
Table 2: Dutch GNP, 1913-1920 Changing Gears ↑. Under these dire circumstances, a new government took office in September 1918. It quickly disbanded or severely curtailed the independence of most of the business committees (such as the NOT and Kröller’s "Assistance Committee" at Posthuma’s agricultural ministry) that had helped keep the Netherlands neutral and prosperous during the ...
Jan 10, 2016 · To answer these questions the Historical Currency Converter uses a short-cut, by comparing the worth of various sums in various currencies in their purchasing power of Swedish consumer goods and the pay of workers in Sweden. Provided a country's purchasing power parity does not change much compared to Sweden, this should give a reasonable ...
The evolution of the international political culture in the years 1880-1940 and the reception by the Netherlands], Amsterdam 2005, pp. 96-97; Moeyes, Paul: Buiten schot. Nederland tijdens de Eerste Wereldoorlog 1914-1918 [Out of range. The Netherlands during the First World War 1914-1918], Amsterdam 2001, p. 237.
The Netherlands since 1918. The movement of the Netherlands into modernity was accelerated after 1918. Although the country became a member of the League of Nations, it reaffirmed its neutrality, which seemed to have obtained the respect of the powers and which was symbolized by the presence of the International Court of Justice at The Hague.
1917 : 10 000 000: $ 1.90: $ 2.00: $ 3.00: $ 3.20: 25%: 1918 : 20 000 000: $ 0.74: $ 1.50: $ 1.90: $ 2.10: $ 2.60: $ 3.60: 45%: 1919 : 10 000 000: $ 1.30: $ 1.40: $ 3.70: $ 3.70: $ 3.70: 24%: 1921 : 5 000 000: $ 1.20: $ 3.20: $ 3.20: $ 4.30: 14%