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Kingdom of the Netherlands—Netherlands Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper for the Netherlands highlights that Dutch cost competitiveness deteriorated significantly in the years prior to 2004. The relatively poor economic performance during the new millennium contributed to these concerns generally, as did restrained export performance more specifically. The deceleration of private consumption growth started earlier than the deceleration of per capita real disposable income growth, and occurred at a time when the unemployment rate has been at a historic low and interest rates had declined.

Suggested Citation

  • International Monetary Fund, 2005. "Kingdom of the Netherlands—Netherlands Selected Issues," IMF Staff Country Reports 2005/225, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2005/225
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    as
    1. Lars Jonung & Martin Larch, 2006. "Improving fiscal policy in the EU: the case for independent forecasts [‘Fiscal forecasting: The track record of the IMF, OECD and EC’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 21(47), pages 492-534.
    2. Mr. Anthony M Annett & Mr. Jörg Decressin & Mr. Michael Deppler, 2005. "Reforming the Stability and Growth Pact," IMF Policy Discussion Papers 2005/002, International Monetary Fund.
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