Kingdom of the Netherlands: Staff Report for the 1999 Article IV Consultation

October 25, 1999

Summary

This 1999 Article IV Consultation highlights that the Netherlands posted a strong economic performance during the 1990s, based on sound macroeconomic policies and complementary and interlocking reforms to fiscal policy, social security, and labor and product markets. Robust real GDP growth was combined with strong job creation and falling unemployment, as well as increasing labor participation rates. Economic activity remained strong in 1998, with real GDP expanding 3.8 percent. A slowdown that started mid-year was temporary, and growth picked up again toward the end of the year.

Subject: Employment, Expenditure, Fiscal policy, Fiscal stance, Labor, Labor markets

Keywords: consumer sentiment, CR, deficit, demand pressure, economic activity, Employment, expenditure framework, Fiscal stance, GDP, Global, inflation risk, ISCR, Labor markets, price, real GDP, real GDP growth, staff projection, staff report, staff scenario

Pages:
57
Volume:
1999
DOI:
https://doi.org/10.5089/9781451829334.002
Issue:
126
Series:
Country Report No. 1999/126
Stock No:
1NLDEA0011999
ISBN:
9781451829334
ISSN:
1934-7685

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Notes

Included with the Staff Report is the text of Public Information Notice No. 99/97--IMF Concludes Article IV Consultation with the Kingdom of the Netherlands.

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