OECD Economics Department Working Papers

Working papers from the Economics Department of the OECD that cover the full range of the Department’s work including the economic situation, policy analysis and projections; fiscal policy, public expenditure and taxation; and structural issues including ageing, growth and productivity, migration, environment, human capital, housing, trade and investment, labour markets, regulatory reform, competition, health, and other issues.

The views expressed in these papers are those of the author(s) and do not necessarily reflect those of the OECD or of the governments of its member countries.

English, French

Coping with Population Ageing in the Netherlands

Population ageing will reduce economic growth and increase the amount of resources that need to be transferred to the elderly, putting pressure on retirement-income- and healthcare insurance systems. The Netherlands is better placed than most OECD countries to meet these pressures because it has a large, funded occupational pension system in place. This advantage will be reinforced if the government adopts the policy that it is considering of pre-funding ageing-related budget outlays, which would entail paying off government debt over the next quarter century. Increasing labour force participation, notably for older persons would also attenuate the economic pressures associated with population ageing. In this regard, it will be important to reduce incentives for economic inactivity, especially by reforming early retirement schemes and disability insurance. Finally, raising productivity growth could also help ease these pressures by facilitating a de-coupling of government ...


Keywords: Netherlands, pensions, health care, population ageing, long-term projections
JEL: J1: Labor and Demographic Economics / Demographic Economics; I1: Health, Education, and Welfare / Health; J26: Labor and Demographic Economics / Demand and Supply of Labor / Retirement; Retirement Policies; I3: Health, Education, and Welfare / Welfare, Well-Being, and Poverty
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