Kingdom of the Netherlands—Netherlands: Staff Report for the 2003 Article IV Consultation
IMF Staff Country Reports, August 8, 2003
Source details
- Canonical URL
- Kingdom of the Netherlands—Netherlands: Staff Report for the 2003 Article IV Consultation
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Bibliographic details
- Published: August 8, 2003
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451829372.002
Overview
- Following several years of expansion, the Dutch economy is in its third year of weak growth.
- Executive Directors commended the authorities on prudent economic policy.
- They welcomed the multiyear fiscal framework and commended authorities for taking measures to strengthen the public finances.
- They agreed that the Dutch financial sector remained sound and well supervised.
Key findings
- The economy experienced several years of expansion followed by three consecutive years of weak growth.
- Fiscal and structural policies were characterized as sound.
- The financial sector was assessed as sound and well supervised.
Policy recommendations and emphasis
- Fiscal consolidation advised in view of population aging.
- Press forward with labor and product market reforms.
- Continue implementation of the multiyear fiscal framework.
- Maintain measures to strengthen the public finances.
Subjects and keywords (as listed)
- Subjects: Employment, Expenditure, Labor, Labor markets, National accounts, Wages
- Keywords: Africa, Asia and Pacific, CPB projection, CR, deficit, Employment, Europe, further product market reform, Global, growth in inventory, IMF staff estimate, ISCR, Middle East, price, quarterly Real GDP growth, Wages
Content in this bundle
- Kingdom of the Netherlands - Netherlands: 2003 Article IV Consultation - ISCR/03/239