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Kingdom of the Netherlands—Netherlands: Staff Report for the 2005 Article IV Consultation
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2005: Issue 226
Language:
English
Publication Date:
14 Jul 2005
DOI:
https://doi.org/10.5089/9781451829525.002
ISBN:
9781451829525
ISSN:
1934-7685
Pages:
45
Keywords:
ISCR; CR; growth projection; downside risks to the growth outlook; revision; staff statement; staff appraisal; GDP data; fiscal policy; Wages; Aging; Europe
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This Netherlands’s 2005 Article IV Consultation reports that raising participation and productivity are important for boosting the economy potential and reducing pressures on the public finances in the face of population aging. The authorities have implemented or are in the process of implementing key reforms, including by tightening disability and unemployment benefits and early retirement arrangements, lessening inactivity traps, enhancing competition, and reducing the administrative burden. The financial system remains sound, resilient to potential adverse shocks, and well supervised.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund