2004 OECD Economic Surveys: Netherlands 2004

image of OECD Economic Surveys: Netherlands 2004

In this 2004 review of the Dutch economy, OECD examines the reasons for the volatility in the Dutch economy and makes recommendations in such areas as housing and pension reform, fiscal policy, labour force participation, product market competition,  innovation and productivity, and sustainable development. 

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Policies to Enhance Innovation and Productivity Growth

In view of labour inputs growing more slowly owing to demographic ageing, fostering productivity growth, the slowness of which has been a major concern of the government, is a key challenge for the Dutch economy. As described in Chapter 1, raising the volume and effectiveness of innovative activities and improving the quality of human capital under growing public financing constraints are very important means to achieve this goal. Improving corporate governance, which is a major reform project for the government, would also help to increase productivity by ensuring that managers get better incentives to reach ...

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