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Kingdom of Netherlands: Netherlands: Selected Issues and Analytical Notes
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2011: Issue 143
Language:
English
Publication Date:
21 Jun 2011
DOI:
https://doi.org/10.5089/9781455286645.002
ISBN:
9781455286645
ISSN:
1934-7685
Pages:
144
Keywords:
ISCR; CR; Netherlands; sustainability gap; GDP ratio; mortgage interest deductibility; balance sheets; structural revenue; Housing prices; Output gap; Fiscal stance; Housing; Global; Asia and Pacific; Europe; North America
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Important issues of the Netherlands are discussed. Openness to trade has benefited the Netherlands before the crisis and has supported the recent recovery process. However, both financial openness and trade linkages have also been a transmission channel for the financial crisis. Synchronized fiscal tightening across Europe has important spillover effects for GDP growth. The improvement on the supply side of credit has contributed to a normalization of the credit market. However, the recent increase in the financial stress index indicates that the situation is still fragile.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund