Kingdom of the Netherlands: Netherlands: 2007 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Kingdom of the Netherlands: Netherlan
Netherlands: 2007 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Kingdom of the Netherlands: Netherlands
Volume/Issue:
Volume 2007
Issue 216
Publication date: June 2007
ISBN: 9781451829563
$20.00
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Topics covered in this book
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Business and Economics , Social Science , Banks and Banking , Labor , Economics- Macroeconomics , Public Finance , Demography , ISCR , CR , consumer confidence , deficit , year-on-year CPI inflation , Netherlands , GDP , staff statement , staff appraisal , liberalization program , state pension , Fiscal stance , Health care spending , Structural reforms , Global
Summary
The 2007 Article IV Consultation with the Kingdom of the Netherlands explains fiscal policy and financial sector issues. Improvements in the macroeconomic and business environments and technological innovation have contributed positively to Dutch competitiveness. Executive Directors emphasized that continued improvement in the underlying fiscal position requires tight spending control. They recommended that the authorities implement offsetting expenditure-reducing measures. They also commended the risk-oriented, cross-sectoral approach to financial sector supervision, pointing out that, in many respects, the design and implementation of supervision in the Netherlands are international best practice.
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