Occasional Papers

The Netherlands: Transforming a Market Economy

Publication Date:

July 23, 1999

Electronic Access:

Link to Abstract

Summary:

The striking turnaround in the Netherlands economic performance over the past decade and a half has attracted widespread attention. Emerging from deep recession and high unemployment in the early 1980s, the economy shifted to a pace of growth more rapid than that in neighboring economies, and posted a rise in employment close to that in the United States. However, a number of important problems remain to be tackled to further strengthen economic performance in the Netherlands. The material presented in this paper was originally prepared as background for discussions in the IMF Executive Board and takes account of developments through March 1999.

Series:

Occasional Paper No. 1999/008

Subject:

Banking Employment Labor Labor markets Minimum wages Social security contributions Taxes Wages