Netherlands: 2013 Article IV Consultation
Electronic Access:
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Summary:
The Netherlands is an AAA euro area (EA) economy with significant private sector imbalances. The main policy challenge is to restore growth and manage downside risks while allowing for an orderly adjustment of private sector balance sheets. A focus on medium-term objectives will cement policy credibility and mitigate uncertainty. The financial system must reduce its dependence on wholesale financing, and banks reliant on public sector support need to wind down this support. Reforms in the labor markets and human capital will be important in safeguarding the economy’s growth potential.
Series:
Country Report No. 2013/115
Subject:
Banking Expenditure Financial institutions Financial statements Fiscal policy Housing prices Mortgages Pension spending Prices Public financial management (PFM)
English
Publication Date:
May 10, 2013
ISBN/ISSN:
9781484343814/1934-7685
Stock No:
1NLDEA2013001
Pages:
51
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