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Kingdom of the Netherlands—Netherlands: Selected Issues
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 1998: Issue 102
Language:
English
Publication Date:
13 Oct 1998
DOI:
https://doi.org/10.5089/9781451829327.002
ISBN:
9781451829327
ISSN:
1934-7685
Pages:
110
Keywords:
ISCR; CR; saving; surplus; saving surplus; bank; saving-investment balance; interest rate; saving-investment perspective; investment funds; Current account; Pension spending; Mortgages; Inflation; Insurance companies; Europe; Global; variability vis-à-vis Germany; export market growth; government saving surplus; exchange rate indicator; Financial sector; Exchange rates
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This Selected Issues paper examines the strengthening of the external current account for the Netherlands. It reviews this issue, concluding that the change in corporate profitability in a new wage environment was a crucial element, alongside fiscal consolidation, in turning around the current account—which has now moved into strong surplus. The paper analyzes the performance of the financial sector. It also reviews the experience of a decade and a half in a de facto monetary union for the Netherlands.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund