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Kingdom of the Netherlands-Netherlands: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Alternate Executive Director for the Kingdom of the Netherlands-Netherlands

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  • International Monetary Fund

Abstract

This 2016 Article IV Consultation highlights broad-based economic recovery in the Netherlands, which has been gathering speed. Real growth is forecast to reach 2.1 percent in 2016 owing to strong consumption and investment, reflecting improving confidence and rising housing prices, while net exports are expected to slow as a result of weak external demand. Unemployment has been rapidly declining against the backdrop of an increasing labor supply. The economy is expected to keep its momentum in the coming years. Domestic consumption and investment are forecast to remain the main drivers of growth, prompting a gradual decline in the current account surplus. Inflation is expected to pick up along with the closing of the output gap.

Suggested Citation

  • International Monetary Fund, 2017. "Kingdom of the Netherlands-Netherlands: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Alternate Executive Director for the Kingdom of the Netherlands-Netherlands," IMF Staff Country Reports 2017/077, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2017/077
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    Cited by:

    1. Mr. Yehenew Endegnanew & Dawit Tessema, 2019. "Public Investment in Bolivia: Prospects and Implications," IMF Working Papers 2019/151, International Monetary Fund.
    2. Thiele, Rainer & Köster, Maximilian & Okoli, Ikechukwu & Rühmann, Friederike, 2018. "African economic development: what role can the G20 Compact play?," IDOS Discussion Papers 3/2018, German Institute of Development and Sustainability (IDOS).

    More about this item

    Keywords

    ISCR; CR; authority; staff; Q3; government finance statistics data; IMF staff calculation; solvency II regime; supervisory authority; money market rate; Labor taxes; Housing prices; Labor markets; Housing; Global; Europe;
    All these keywords.

    JEL classification:

    • Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation

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