Kingdom of the Netherlands-Netherlands: Selected Issues

June 19, 2002

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Kingdom of the Netherlands-Netherlands: Selected Issues, (USA: International Monetary Fund, 2002) accessed November 26, 2024

Summary

This Selected Issues paper highlights that over the past decade, the Netherlands has undergone a remarkable fiscal adjustment, with the deficit, the tax burden, and the expenditure-to-GDP ratio falling significantly. The switch from a deficit-target-based to an expenditure-target-based fiscal framework in 1994 and commitments to two successive four-year fiscal plans have played an important role. The current multiyear framework expires in 2002, and the Study Group on the Budgetary Margin has produced recommendations for the coming government period.

Subject: Expenditure, Financial institutions, Health, Health care, Income, Insurance, Labor, National accounts, Wages

Keywords: Break-even wage, Central government, CPB simulation, CR, Expenditure ceiling, GDP deflator, Health care, High'skill worker, Income, Income support, Insurance, ISCR, Kingdom of the Netherlands-Netherlands, Minimum wage, Purchasing power, SER proposal, SER report, Sick leave, Wage supplement, Wages, Work contract

Publication Details

Pages:

38
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/123
Stock No:

1NLDEA0012002
ISBN:

9781451829365
ISSN:

1934-7685

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