Kingdom of the Netherlands—Netherlands Selected Issues

International Monetary Fund

No 2005/225, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper for the Netherlands highlights that Dutch cost competitiveness deteriorated significantly in the years prior to 2004. The relatively poor economic performance during the new millennium contributed to these concerns generally, as did restrained export performance more specifically. The deceleration of private consumption growth started earlier than the deceleration of per capita real disposable income growth, and occurred at a time when the unemployment rate has been at a historic low and interest rates had declined.

Keywords: ISCR; CR; house price; nondurables consumption data; wealth elasticity; euro competitor; growth in the Netherlands; Housing prices; Disposable income; Consumption; Exports; Global; Europe (search for similar items in EconPapers)
Pages: 68
Date: 2005-07-14
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