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Trends in the Caribbean Netherlands
Trends in the Caribbean Netherlands 2020 provides updated as well as new information, covering some aspects of life in the Caribbean Netherlands
Sector local government
Sub sector of the institutional sector general government. The sub sector includes aspects of government that do not belong to central government or social security institutions. Examples are...
Compulsory social contributions
Premiums payable by the employer on the basis of several social insurance laws such as the AOW (pensions), ZFW (health insurance) and WW (unemployment) as well as premium transfers.
Leisure activities (day trips)
All activities undertaken for leisure purposes. For instance: a day trip to the beach or an amusement park, walking, sports, visiting a museum, theatre or café/bar, a boat trip, singing in a choir,...
Operating costs
The costs made to achieve the operating profits, that is the purchase value of the turnover, labour costs, and depreciation on assets, and other business expenditure.
Recession
Stage of the economic cycle characterised by decreasing growth in economic activities. This is measured as a decreasing growth of the volume of the gross domestic product or a growth that is below...
Sick leave (government)
Shifting year average of the percentage of sick leave in the public sector. It refers to sick leave including leave of more than one year and excluding pregnancy and maternity leave. It indicates...
General Disablement Benefits Act (AAW)
Law rescinded on 1 July 1998 and replaced by WAZ and Wajong. It was a compulsory insurance for the entire population against the financial consequences of long-term disablement.
Business cycle
The up and downturns of the economy within a five to ten year period. Usually there are the following phases.: recovery, boom, recession, and depression.
Property income distributed to insurance policy holders
The yields of investments of pension or life insurance provisions which are seen as income from property received by policyholders from insurance companies, who pay the imputed pension and life...
Credit institutions
A legal unit that has financial mediation as its main activity, that is the acquisition, transformation and issuing of financial assets. This includes working with withdrawable money, providing loans...
Block or day release programmes
One of the two tracks in secondary vocational training introduced by the WEB (Adult and Vocational Education Act). In this track students spend 60 percent of their time of practical training within a...
Primary coals
Solid, fossil fuel existing of carbonized rests of vegetal origin. Hard coal, brown coal and peat are primary forms of coal, which means the coal is not transformed in coal products, the secondary...
Balance of provisions
The additions to provisions minus released provisions such as run-up and reconstitution funds, maintenance reserves, guarantee provisions, etc.
Sick leave (government)
Sick leave refers to sick leave including leave of more than one year and excluding pregnancy and maternity leave for public sector employees: central government, provinces, municipalities, water...
Traffic death
Someone who died as a result of a sudden traffic-related accident on the public road involving at least one moving vehicle. People who die after 29 days following the accident are no longer counted...
People working from home
Someone who agrees to work for another person or company from home – outside the direct control of the other party - for a preset amount, not using more than two helpers from outside the family.
Costs of services provided by others
Costs of banking (excluding interest and exchange rate loss) + insurance premiums paid (not elswhere classified) + costs of accountants/administration/advice/ legal advice/ computer services by...
Other multi-person household without children
Private household consisting of a couple without children living at home with other household members or a private household with just other household members (no couple)..
Administrative removal
Decision by a municipality no longer to include a person in its population, once it has established that the address of the person is unknown, the person cannot be contacted and probably no longer...
Obtaining the Dutch nationality by option
Obtaining the Dutch nationality by people who are allowed to opt for the Dutch nationality based on article 6 of the citizenship law (Rijkswet op het Nederlanderschap 2000) changed most recently on 1...
Dismissal on technical grounds
Decision by the public prosecutor not to take action because the prosecution is unlikely to lead to a conviction (for instance due to lack of evidence or because the fact or the suspect is not...
Wage dispensation
Regulation allowing employers to be exempt from having to pay the legal minimum wage or the normal collective labour agreement wage to employees who perform clearly below the required level due to...
Social assistance benefits in cash
Income transfers by government or non-profit institutions to households on the basis of social security legislation. These are not financed by specific premiums but by general tax revenues.
Part-time job
A job for which there is a permanent contract and for which a fixed number of hours was agreed that is less than the number of hours in a full day’s or working week.