Kingdom of the Netherlands—Netherlands: Staff Report for the 2001 Article IV Consultation
July 5, 2001
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The strong output growth and labor market performance of recent years reflect both supply-side and demand-side factors. Fiscal restraint has a crucial role to play in containing the risk of further overheating, as well as in a medium-term perspective. Steady gains have been made in labor markets. The elimination of very high average and marginal tax rates is fundamental to further gains in labor market performance. Progress in liberalization of product markets has continued, but the momentum for reform needs to be maintained.
Subject: Expenditure, Fiscal policy, Fiscal stance, Income, Labor, Labor markets, National accounts, Public debt
Keywords: classified loan, CR, debt, debt data, Fiscal stance, Global, headline inflation, Income, ISCR, Labor markets, Netherlands, potential GDP, price pressure, rate, reform, spending ceiling, staff
Pages:
42
Volume:
2001
DOI:
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Issue:
094
Series:
Country Report No. 2001/094
Stock No:
1NLDEA0012001
ISBN:
9781451829358
ISSN:
1934-7685
