Netherlands Antilles

The Netherlands Antilles (Dutch: Nederlandse Antillen), previously known as the Netherlands West Indies, are part of the Lesser Antilles and consist of two groups of islands in the Caribbean Sea that form an autonomous part of the Kingdom of the Netherlands (none of the other Antilles use this term in their name). The islands' economy is dependent mostly upon tourism and petroleum, though a large amount of money is also made through illegal drug trafficking.

Economy

Main article: Economy of the Netherlands Antilles

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Tourism, petroleum transshipment and oil refinement (on Curaçao), as well as offshore finance are the mainstays of this small economy, which is closely tied to the outside world. The islands enjoy a high per capita income and a well-developed infrastructure as compared with other countries in the region. Almost all consumer and capital goods are imported, with Venezuela, the United States, and Mexico being the major suppliers, as well as the Dutch government which supports the islands with substantial development aid. Poor soils and inadequate water supplies hamper the development of agriculture. The Antillean guilder has a fixed exchange rate with the United States dollar of 1.79:1.

Related Topics:
Tourism - Venezuela - United States - Mexico - Development aid - Agriculture - United States dollar

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