Kingdom of Netherlands: Netherlands: Selected Issues and Analytical Notes
International Monetary Fund
No 2011/143, IMF Staff Country Reports from International Monetary Fund
Abstract:
Important issues of the Netherlands are discussed. Openness to trade has benefited the Netherlands before the crisis and has supported the recent recovery process. However, both financial openness and trade linkages have also been a transmission channel for the financial crisis. Synchronized fiscal tightening across Europe has important spillover effects for GDP growth. The improvement on the supply side of credit has contributed to a normalization of the credit market. However, the recent increase in the financial stress index indicates that the situation is still fragile.
Keywords: ISCR; CR; Netherlands; sustainability gap; GDP ratio; mortgage interest deductibility; balance sheets; structural revenue; Housing prices; Output gap; Fiscal stance; Housing; Global; Asia and Pacific; Europe; North America (search for similar items in EconPapers)
Pages: 144
Date: 2011-06-21
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Citations: View citations in EconPapers (4)
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