Kingdom of the Netherlands—Netherlands: Staff Report for the 2004 Article IV Consultation

International Monetary Fund

No 2004/300, IMF Staff Country Reports from International Monetary Fund

Abstract: The staff report for the 2004 Article IV Consultation on the Kingdom of the Netherlands—Netherlands highlights the economic developments and policies. The economy is beginning to emerge from an extended downturn. Meanwhile, against a background of soft labor market conditions and economic slack generally, inflation pressures are low. The authorities acknowledged the economic reasoning behind these recommendations, but considered implementation politically difficult in light of a cultural preference for an egalitarian wage distribution.

Keywords: ISCR; CR; year-on-year HICP inflation; staff statement; HICP; medium term fiscal consolidation effort; staff appraisal; GDP figure; expenditure saving; Wages; Health care spending; Aging; Europe; Middle East; Africa; Asia and Pacific; Global (search for similar items in EconPapers)
Pages: 49
Date: 2004-09-22
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