{
  "title": "Kingdom of the Netherlands-Netherlands: Selected Issues",
  "publication": "IMF Staff Country Reports, June 19, 2002",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/kingdom-of-the-netherlands-netherlands-selected-issues-15903",
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  "summary": "This Selected Issues paper highlights that over the past decade, the Netherlands has undergone a remarkable fiscal adjustment, with the deficit, the tax burden, and the expenditure-to-GDP ratio falling significantly.",
  "sections": [
    {
      "heading": "Summary findings",
      "content": "- Over the past decade, the Netherlands has undergone a remarkable fiscal adjustment, with the deficit, the tax burden, and the expenditure-to-GDP ratio falling significantly.\n- The switch from a deficit-target-based to an expenditure-target-based fiscal framework occurred in 1994.\n- Commitments to two successive four-year fiscal plans have played an important role in the fiscal adjustment.\n- The current multiyear framework expires in 2002.\n- The Study Group on the Budgetary Margin has produced recommendations for the coming government period."
    },
    {
      "heading": "Fiscal framework, timelines, and policy implications",
      "content": "- Fiscal framework change: switch from a deficit-target-based to an expenditure-target-based framework in 1994.\n- Multiyear framework status: current framework expires in 2002.\n- Institutional support: two successive four-year fiscal plans contributed to fiscal consolidation.\n- Advisory input: Study Group on the Budgetary Margin produced recommendations for the coming government period."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Expenditure, Financial institutions, Health, Health care, Income, Insurance, Labor, National accounts, Wages\n- Keywords: break-even wage, central government, CPB simulation, CR, expenditure ceiling, GDP deflator, Health care, high'skill worker, Income, income support, Insurance, ISCR, Kingdom of the Netherlands-Netherlands, minimum wage, purchasing power, SER proposal, SER report, sick leave, wage supplement, Wages, work contract\n\n---\n\n Content in this bundle\n\n- Kingdom of the Netherlands-Netherlands: Selected Issues - ISCR-02/123\n  - Kingdom of the Netherlands-Netherlands: Selected Issues - ISCR-02/123 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Kingdom of the Netherlands-Netherlands: Selected Issues - ISCR-02/123 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: June 19, 2002",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451829365.002",
    "Over the past decade, the Netherlands has undergone a remarkable fiscal adjustment, with the deficit, the tax burden, and the expenditure-to-GDP ratio falling significantly.",
    "The switch from a deficit-target-based to an expenditure-target-based fiscal framework occurred in 1994.",
    "Commitments to two successive four-year fiscal plans have played an important role in the fiscal adjustment.",
    "The current multiyear framework expires in 2002.",
    "The Study Group on the Budgetary Margin has produced recommendations for the coming government period.",
    "Fiscal framework change: switch from a deficit-target-based to an expenditure-target-based framework in 1994.",
    "Multiyear framework status: current framework expires in 2002.",
    "Institutional support: two successive four-year fiscal plans contributed to fiscal consolidation.",
    "Advisory input: Study Group on the Budgetary Margin produced recommendations for the coming government period.",
    "Subject: Expenditure, Financial institutions, Health, Health care, Income, Insurance, Labor, National accounts, Wages",
    "Keywords: break-even wage, central government, CPB simulation, CR, expenditure ceiling, GDP deflator, Health care, high'skill worker, Income, income support, Insurance, ISCR, Kingdom of the Netherlands-Netherlands, minimum wage, purchasing power, SER proposal, SER report, sick leave, wage supplement, Wages, work contract",
    "**Kingdom of the Netherlands-Netherlands: Selected Issues - ISCR-02/123**"
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