Netherlands: 2013 Article IV Consultation

May 10, 2013

Preview Citation

Format: Chicago

Netherlands: 2013 Article IV Consultation, (USA: International Monetary Fund, 2013) accessed November 22, 2024

Summary

The Netherlands is an AAA euro area (EA) economy with significant private sector imbalances. The main policy challenge is to restore growth and manage downside risks while allowing for an orderly adjustment of private sector balance sheets. A focus on medium-term objectives will cement policy credibility and mitigate uncertainty. The financial system must reduce its dependence on wholesale financing, and banks reliant on public sector support need to wind down this support. Reforms in the labor markets and human capital will be important in safeguarding the economy’s growth potential.

Subject: Banking, Expenditure, Financial institutions, Financial statements, Fiscal policy, Housing prices, Mortgages, Pension spending, Prices, Public financial management (PFM)

Keywords: Agreement, Budgetary funds, Consultation cycle, Consumer confidence, CR, Financial statements, GDP, Global, Housing prices, ISCR, Liability positions vis-à-vis nonresident, Mortgages, Netherlands, Pension spending, Redundancy procedure, Temporary employee

Publication Details

Pages:

51
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/115
Stock No:

1NLDEA2013001
ISBN:

9781484343814
ISSN:

1934-7685

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