Kingdom of the Netherlands-Netherlands: Selected Issues

International Monetary Fund

No 2002/123, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper highlights that over the past decade, the Netherlands has undergone a remarkable fiscal adjustment, with the deficit, the tax burden, and the expenditure-to-GDP ratio falling significantly. The switch from a deficit-target-based to an expenditure-target-based fiscal framework in 1994 and commitments to two successive four-year fiscal plans have played an important role. The current multiyear framework expires in 2002, and the Study Group on the Budgetary Margin has produced recommendations for the coming government period.

Keywords: ISCR; CR; minimum wage; central government; income support; purchasing power; SER proposal; sick leave; Kingdom of the Netherlands-Netherlands; break-even wage; CPB simulation; GDP deflator; work contract; expenditure ceiling; high'skill worker; wage supplement; SER report; Income; Wages; Health care; Insurance (search for similar items in EconPapers)
Pages: 38
Date: 2002-06-19
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