Shortly after my arrival at the OECD in 1996, I came upon the study by Angus Maddison
“Monitoring the World Economy 1820–1992”. It is a fascinating and stimulating work providing a
complete coverage of the world economy during the period in question. It brought together data of
some 56 countries accounting for 93 per cent of the world output and 87 per cent of the world population
and world exports. It never left my desk. Probably I was not alone in my appreciation of this quite
extraordinary work, as I kept coming on references to it in the work of other authors....
In certain countries the Company also provides postretirement benefits other than
pensions to various employees. The cost relating to such plans consists of the present value
of the benefits attributed on equal basis to each year of service, and interest cost on the
accumulated postretirement benefit obligation, which is a discounted amount. The
transition obligation is being recognized through charges to earnings over a twenty-year
period beginning in 1993 in the US and in 1995 for all other plans.
Young people have the right to be fully informed about sexuality and to have
access to contraceptives and other services. These rights are enshrined in various
internationally agreed human rights conventions and treaties, but – unfortunately
– they are still not universally respected. This explains why the Netherlands’ policies
on foreign affairs and development are centred on human rights. And why
the Dutch government remains committed to the Programme of Action of the
International Conference on Population and Development.
Our thanks go to all those involved in the writing and production of this book. We owe
a debt of gratitude to all the contributors for their chapters and for their forbearance in
the long time it has taken to be ﬁnally published. Our thanks go to Dan Saunders who
produced the cover image and to Shibu Raman for producing the drawings for Chapter 5.
We thank the Dutch Ministry of Housing, Physical Planning and Environment for
supporting the preparation of this book, in particular Japp van Staalduine.
Security was perceived by some in the ﬁrst days of GSM as an unnecessary expense. Certainly, initially, all involved considered protection of user data from eavesdropping as more important than authentication of the user, though some questioned whether the perceived complexity of introducing encryption over the radio interface was justiﬁed.
The financial statements of foreign operations are translated into the Dutch guilder, the
Company's reporting currency. Assets and liabilities are translated using the exchange rates
on the respective balance sheet dates. Income and expense items are translated based on the
average rates of exchange for the periods involved. The resulting translation adjustments
are charged or credited to stockholders' equity. Cumulative translation adjustments are
recognized as income or expense upon disposal of foreign operations.
The preparation of financial statements requires management to make estimates and
assumptions that affect amounts reported in the consolidated financial statements in order
to conform with generally accepted accounting principles. Changes in such estimates and
assumptions may affect amounts reported in future periods.
Cash flow statements
Cash flow statements have been prepared under the indirect method in accordance with
Dutch GAAP, which is substantially similar to the requirements of SFAS No. 95
‘Statement of Cash flows'.
It is proper that I give some reasons for the publication of this paper. The importance of the subject of the
ecclesiastical organization of the churches gathered in heathen lands, I conceive to be a sufficient reason.
Those who may differ in regard to the views set forth in this paper, will not dispute the importance of the