OECD Economic Surveys Netherlands 2023
The Dutch economy swiftly returned to its pre-pandemic growth path, but rapidly rising inflation disrupted growth, magnifying existing challenges, such as the urgency of the transition to net zero, ageing-related fiscal pressures, and pervasive labour shortages. Significant investments in low-carbon...
| Autor principal: | |
|---|---|
| Autor Corporativo: | |
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Paris :
OECD Publishing
2023.
|
| Edición: | 1st ed |
| Colección: | OECD Economic Surveys: Netherlands Series
|
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009754407306719 |
Tabla de Contenidos:
- Intro
- Foreword
- Basic statistics of the Netherlands, 2022
- Executive summary
- High inflation weighs on the economy
- Reforms are needed to boost sustainable growth
- Lifting labour supply is required to tackle staff shortages
- 1 Key policy insights
- The economy is slowing amidst high price pressures
- Economic growth started to slow following a quick recovery from the pandemic
- Economic growth is expected to moderate
- Macro-financial vulnerabilities have increased
- Addressing long-term fiscal challenges to maintain debt sustainability
- Shifting from crisis mode to long-term fiscal management
- Streamlining the tax system to remove distortions that hold back productivity
- Making taxation neutral across assets
- Reducing tax distortions across forms of employment
- Further improving tax avoidance and anti-money laundering measures
- Faster transition to net zero to raise energy independence
- Advancing the green transition will require investment in technology and infrastructure
- Strengthening price signals across sectors to reduce emissions
- Ensuring a just transition
- References
- 2 Lifting labour supply to tackle tightness
- The labour market is strong, but shortages weigh on growth prospects
- Both cyclical and structural factors underlie labour shortages
- Exceptional macroeconomic conditions contributed to tightness across-the-board
- Skill mismatches endure, creating bottlenecks in specific industries
- The prevalence of part-time work explains low labour input despite high employment
- Unfavourable working conditions in some sectors likely discourage vulnerable workers
- Lifting labour supply is necessary to tackle shortages
- Reforming taxes and benefits to strengthen work incentives
- Alleviating the maternity penalty to counter gender norms hampering labour supply.
- Reducing labour market segmentation to ease transitions between occupations
- Better integrating migrants and facilitating migration for shortage occupations
- Stepping up lifelong learning to promote growth in expanding industries
- Upgrading compulsory education to better prepare the future workforce
- References.
