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This chapter studies the institutional investor’s voice in the Netherlands, focusing on shareholder voting in particular. The Dutch Stewardship Code, developed by institutional investor platform Eumedion, emphasizes the engagement and responsibilities of institutional investors in Dutch listed companies and should further boost engagement with investees. With a new dataset, the authors observe that institutional investors critically consider (non-)current voting items which could negatively affect shareholder rights, like some of the amendments of the articles of association as well as remuneration packages of directors that contain insufficient or inappropriate incentives. Compared to other investors, institutional investors show significantly higher opposition rates. Particularly, Eumedion members show even higher opposition rates than other institutional investors. However, there may still be room for a stronger focus on the activities and outcomes of stewardship, including changing the behaviour of companies, and not just policy statements.
Our study of the day-to-day management of monetary policy in the Netherlands between 1925 and 1936 reveals that policy leaders and central bankers were both willing and able to deviate from the monetary policy paths set by other countries, all while remaining firmly within the gold bloc. The Netherlands wielded an independent monetary policy while remaining on gold thanks to its central bank's plentiful gold reserves. Central bankers quelled any speculation against the guilder by exploiting their domestic policy influence and international reputation to restrict capital mobility. However, maintaining pre-war parity until the collapse of the gold standard in September 1936 came at a cost. Our international comparisons and counterfactual analysis suggest that Dutch officials would have avoided a deepening of the Great Depression by leaving gold alongside the UK in 1931.
In the 1950s, part-time work gradually became an element of labor policy to activate women to participate in the labor market that could be transferred from one country to another. Support of part-time employment in the Dutch labor market, however, was initially not endorsed as a solution to the problem of low female labor force participation but was the outcome of a more complex set of deliberations, in which the moral economy of employers’ organizations conflicted with broader demands for increased productivity. The article contrasts the initial concerns of Dutch employers about increasing women’s labor force participation with the country’s later international role in advocating part-time work for married women on an international scale. The Netherlands thereby serves as a case study of how employers’ organizations instrumentalized part-time employment for their own moral economy based in the breadwinner ideology.
Shahab Ahmed’s What Is Islam? The Importance of Being Islamic (2016) challenges Islamic Studies scholars, (art) historians, and anthropologists to reconsider theoretical frameworks underpinning historical and ethnographic research. This article addresses Ahmed’s concerns that studies of Islam often conceptually privilege orthodoxy, by including drinking and intoxication as worthy of close attention in examining the history and the anthropology of Islam. The case of Wine Shop the Philosopher, run by a former Afghan refugee in The Hague and Amsterdam, is presented after establishing the comparative and interdisciplinary relevance of alcohol consumption in studies of Islam and Muslims. Ahmed’s conceptual framework is used and assessed in comparison with the wine shops’ contemporary pluralist reality by exploring the idealized boundaries of Persianate culture and Islam in dialogues between Persian-speaking interlocutors. It is argued that alcoholic drinks lend themselves to competing gastro-nationalisms and prompt ethnolinguistic tensions between and within groups with Turkish, Moroccan, Iranian, and Afghan backgrounds in the Netherlands. The focus on diverse, coexisting and clashing drink regimes, in conclusion, allows us to deconstruct dichotomies between sober Muslims and European drinkers, African and Asian believers and European unbelievers, and refugees and citizens.
This chapter steps back to examine the changing perception of Dutch decline across the first half of the eighteenth century. Anxieties about Dutch decline did not emerge fully formed in 1672, nor any other date; rather, they developed over time. This chapter argues that natural disasters reveal the expanding influence of proto-national decline narratives, highlight the increasing influence of economic perspectives on decline, and uncover a distinctive rural decline paradigm. The chapter also considers what this era of decline can teach us about disasters more broadly. Disasters were events and processes that manifested at the intersection of natural and cultural change. They produced differential consequences for Dutch society across scale, just as they do today. These conditions influenced Dutch perception of disaster and affected their response. The Golden Age past was key to learning from these disasters – whether as a model to emulate or a baseline to measure progress. Dutch “decline” and the natural disasters that punctuated it served as social and cultural tools that resolved in the long term. Eighteenth-century environmental histories of disaster offer insights about the role of culture and perception, progress, and agency in an era of increasing risk.
During the ‘Disaster Year’ (Rampjaar) of 1672, the French, the English, and their allies attacked and nearly toppled the Dutch Republic. To many observers and later historians, the Rampjaar signaled the end of the Golden Age. This chapter introduces the Dutch Republic and proposes several ways that an environmental history of disasters enriches our understanding of the development and meaning of decline. It explores these interventions through a deep reading of the print ‘Miserable Cries of the Sorrowful Netherlands’ (Ellenden Klacht Van het Bedroefde Nederlandt). This image visually merges the political and military disasters of 1672 with the floods and windstorms that followed. It condenses time, works across scale, and frames the collective environmental, cultural, social, and economic consequences of the Rampjaar as a breach with the past. Ellenden Klacht reads like a founding document of the Dutch decline narrative, but it also contains visual clues that point to alternative interpretations. It argues that disasters, especially natural disasters, were traumatic and they challenged the moral, economic, and political standing of the Dutch Republic. At the same time, disasters could yield opportunities for adaptation, recovery, and growth.
In late fall 1730, a coastal flood hit the Dutch island Walcheren. Inside the broken wooden revetments strewn across its beaches, dike authorities noticed peculiar, tiny holes. These holes contained shipworms (Teredo navalis), a marine mollusk that bored into the wooden infrastructure that protected coastal dikes. This discovery prompted the most significant redevelopment and rebuilding of coastal flood defenses in the early-modern period. This chapter investigates the origins, interpretation, and response to the ‘shipworm epidemic’ of the 1730s. It argues that the perception of shipworm novelty influenced this dramatic change. In contrast to epizootics or coastal floods, the cultural memory of disaster presented no ready solutions for shipworms. Shipworms’ perceived novelty catalyzed new natural historical investigations of the species as well as innovative new dike designs. Shipworms also produced new connections to decline. Pietist ministers and enlightened spectatorial journalists united in their condemnation of the moral decay of the Dutch Republic by linking shipworms to an ongoing wave of sodomy trials. The biological novelty of the shipworms translated to an unprecedented period of persecution.
By the mid-eighteenth century, river flooding seemed to be increasingly numerous and severe. To later observers, the 1740–41 river floods, which affected numerous parts of the Rhine–Meuse River System, were an important inflection point. This chapter evaluates the origins, interpretations, and consequences of the 1740–41 river floods. Victims interpreted these floods in the context of recent years of dearth and disaster. The historically bitter winter of 1739–40 had catalyzed a disaster cascade in the hardest-hit areas of the riverlands that amplified the impacts of inundation and expanded its consequences. At the same time, Dutch surveyors and hydraulic engineers, ministers, and state authorities promoted a discourse of increasing moral and geographic risk of inundation. In contrast to the Christmas Flood, where technocrats grounded dike innovations in the cultural memory of prior inundations, river floods forced observers to consider problematic futures. Surveyors and cartographers mapped flood risk in the Dutch riverlands and warned of potential consequences should the state ignore their new river management strategies. The floods of 1740–41 and narratives of increasing risk added to distress and anxiety about decline, but they also prompted the first proto-national flood relief efforts and increased emphasis on the systemic, interprovincial nature of Dutch river challenges.
The Netherlands emerged from the War of the Spanish Succession (1702–13) a weakened state, and anxieties about the decline of Republic expanded as a result. That same year, an outbreak of cattle plague emerged in the Republic. Originating in the eastern European steppes, this panzootic spread slowly across Europe following networks of war and trade. Centuries of landscape transformation in the Netherlands set the stage for this disaster, and weather associated with a changing climate conditioned its severity. The disease killed hundreds of thousands of cattle in the Republic, impacting Dutch urban and rural livelihoods. Between 1713 and 1720, state authorities, moralists, and farmers struggled to understand and manage the disease. This chapter investigates the social and environmental origins of cattle plague, as well as cultural and state response. State authorities based their strategies in environmentalist and contagionist theories of diseases transmission that varied across scale. Its impacts were far from uniform, but moralists framed cattle plague as a problem that affected the entire country, which reinforced narratives of Dutch decline. This chapter argues that causal stories explaining the origins and meaning of the disease both reinforced pessimistic decline narratives and prompted a universalist approach to medical responses.
The return of rinderpest to the Netherlands in 1744 was the nadir of the eighteenth-century era of disaster. Hardly a generation removed from the first outbreak, cattle plague returned to the Republic with far greater intensity. It lasted over twice as long and resulted in over a million cattle deaths. Chapter 6 compares the second outbreak of cattle plague to the first, assessing changing response. Like the first outbreak, cattle plague emerged in the context of conflict and extreme weather. Unlike the previous episode, it interacted with an ongoing disaster cascade that amplified and prolonged its consequences. Popular and state response showed remarkable continuity. Rinderpest was not novel, and prior experience proved beneficial as provinces tapped the cultural memory of the previous outbreak. Provincial decrees quickly reinstituted bans on cattle importation, enacted quarantines, and issued certificates of health. Pamphlet literature again highlighted the human tragedy of the animal disease and bemoaned its moral implications. The extensive scope and duration of this outbreak attracted new attention from an international network of medical practitioners. Its increased severity prompted novel medical responses, including the first inoculation trials. These trials reveal the diffusion of declensionist fears into the economic and social program of the Dutch Enlightenment.
The Christmas Flood of 1717 was likely the deadliest coastal flood in North Sea history. The storm impacted the entire southern coast of the North Sea basin, but the majority of its more than 13,000 victims lived in marginalized communities in the northern Netherlands and coastal Germany. This chapter investigates the origins, impact, and response to the Christmas Flood on the province of Groningen. The Netherlands had a long history of coping with coastal flooding, and moralists, state officials, and dike authorities exploited the cultural memory of previous floods to advocate solutions. The city of Groningen and its rural hinterlands wielded the past to divergent ends in their efforts to reframe financial responsibility for reconstruction. Provincial technocrats balanced tradition with the rhetoric of improvement to build support for new and improved seawalls. Moralists emphasized the unprecedented severity of the flood to scale up its significance and embed it in broader decline narratives. It argues that the Christmas Flood revealed the diverse ways that the past could be wielded to promote and resist change following natural disasters.
By the early eighteenth century, the economic primacy, cultural efflorescence, and geopolitical power of the Dutch Republic appeared to be waning. The end of this Golden Age was also an era of natural disasters. Between the late seventeenth and the mid-eighteenth century, Dutch communities weathered numerous calamities, including river and coastal floods, cattle plagues, and an outbreak of strange mollusks that threatened the literal foundations of the Republic. Adam Sundberg demonstrates that these disasters emerged out of longstanding changes in environment and society. They were also fundamental to the Dutch experience and understanding of eighteenth-century decline. Disasters provoked widespread suffering, but they also opened opportunities to retool management strategies, expand the scale of response, and to reconsider the ultimate meaning of catastrophe. This book reveals a dynamic and often resilient picture of a society coping with calamity at odds with historical assessments of eighteenth-century stagnation.
Euthanasia and physician-assisted suicide are common practice in the Netherlands. In response to increasing requests from patients to end their lives, physicians are finding themselves placed in particularly precarious situations because of advance directives written by patients suffering from severe dementia. In April 2020, the Supreme Court of the Netherlands issued two judgments in the so-called Dormicum case: a case involving the deliberate termination of the life of a 74-year-old woman suffering from advanced dementia by a geriatrician in a nursing home in The Hague. The judgment of the lower criminal court was upheld, but the sanction imposed by the appellate disciplinary court was quashed. In this paper, the author reviews the two Supreme Court rulings, argues that both are fundamentally flawed and raises questions as to what they mean for Dutch criminal law, physicians, and patients going forward.
Care arrangements in which live-in migrant carers care for older people in private households are a growing phenomenon in European countries. This chapter explores the role of money in the emergence and functioning of these arrangements. Comparing Germany and the Netherlands, it combines a governance approach and a coping strategies approach to shed light on the part played by money and financial considerations at different levels. The chapter examines first how laws and policies aimed at ensuring financial sustainability of long-term care systems have provided incentives for the employment of migrant carers in both countries. The emergence of live-in migrant carer arrangements may be an unintended effect of such policies, but policymakers may also tacitly accept the often semi-legal nature of these arrangements as it helps to solve care deficit problems at a low cost for the public budget. Second, the chapter examines the role of financial considerations in the decision-making processes of families making use of these arrangements. How are financial considerations balanced against the quality of the care and the quality of the migrant carers’ working conditions?
Over time, the seven models discussed in the first chapter have undergone modifications and hybridization processes. Each single national system can therefore be described as a patchwork that comprises different subsystems and organizational logics. The purpose of the second chapter is therefore to think about the organizational variants and criteria through which hybrid systems are designed. The fundamental concept of segmentation of healthcare systems is introduced, according to which each national system can be broken down into subsystems, to which different models are applied. To better understand the different forms of segmentation, some examples will be given. The healthcare financing systems adopted in the Netherlands, France, Germany and the United States are briefly outlined. The final section compares the twenty-seven countries covered in this analysis. For each individual national system, not only the prevailing financing model is indicated but also the “ancillary” models used.
The Netherlands has few financial barriers to access mental healthcare. However, in 2012, a sharp rise in co-payments was introduced.
Aims
We tested whether these increased co-payments coincided with less guideline-recommended continuous out-patient psychiatric care and more crisis interventions for patients with bipolar disorder.
Method
A retrospective longitudinal cohort study on a health insurance registry was performed to examine trends, and deviations from these trends, in the healthcare received by patients with bipolar disorder. Deviations of trends were tested by time-series analyses (autoregressive integrated moving average). Subsequently, the relationship between significant deviations of trends and rise in co-payments was examined. Outcome measures were the level of standard out-patient care (out-patient psychiatric care and/or medication), crisis psychiatric care and somatic care.
Results
The cohort comprised 3210 patients. During follow-up, the use of psychiatric care decreased and somatic care increased. The high rise in co-payments from 2012 onward coincided with decreases in standard out-patient care and increases in medication-only treatment, crisis psychiatric care and somatic care. Crisis intervention was highest when patients received only bipolar disorder medication. Patients receiving continuous standard out-patient care (62%) had less crisis intervention compared with the other patients.
Conclusions
Our data suggest that the rise of co-payments decreased guideline-recommended continuous out-patient psychiatric care among patients with bipolar disorder, and increased crisis psychiatric care.
This chapter develops a history of internal self-determination. It shows that internal self-determination, as an idea, has a long history; and that the internal dimension of self-determination has always been an essential part of the broader concept of self-determination. The chapter also argues that the construction of the internal–external dichotomy took place in the 1940s due to the intervention of the Netherlands, in the context of Indonesia's decolonization. The principle started to become popular during the Cold War. The Cold War's end resulted in a renewed interest in self-determination, with international lawyers starting to write about it. This history is critically narrated in this chapter.
On 19 July 2019 an estimated 20 bottlenose dolphins (Tursiops truncatus) were observed in the Marsdiep, a tidal inlet connecting the North Sea and the Dutch Wadden Sea, between Den Helder and the island of Texel. Photographs and video recordings were made and nine individuals were matched with known dolphins from the Moray Firth, NE Scotland. These are the first matches of this east coast of Scotland population outside the UK and Ireland. Subsequent observations of individuals from this group show that at least some of the animals have returned to Scottish waters, while others were photographed in Danish waters. Furthermore, we report on a photo identification match of a solitary bottlenose dolphin between France and the Netherlands. These matches suggest that bottlenose dolphins, in the Netherlands, originate from two different genetically distinct populations: ‘Coastal South’ and ‘Coastal North’. This evidence of previously unknown long-range movements may have important implications for the conservation and management of this species in European waters.
Since the late seventeenth century, trust offices (administratiekantoren) that repackage securities have been a central institution in Dutch finance. Their basic form and functioning have remained largely the same, but over time, the repackaging has come to serve different purposes. Originally set up for administrative convenience, they helped to create liquidity, notably for foreign securities. From the 1930s, their primary purpose became to shield directors of large corporations from shareholder influence and hostile takeover threats. Subsequently, the trust offices evolved from general-purpose administrative units into dedicated foundations closely tied to individual companies and increasingly popular with foreign corporations as cheap anti-takeover devices. Their reincarnation as foundations also turned them into vehicles for the tax-efficient routing of international revenue flows via the Netherlands.
This chapter describes the experiences with the Twin Peaks framework in the Netherlands, based on various examples from Dutch practice. Based on this analysis, the chapter identifies lessons and best practices for the governance of financial supervision in a national context and from a European perspective.