OECD's 2010 economic survey of the Netherland's economy. This edition includes chapters covering boosting growth after the crisis, making the pension system less vulnerable, how transport can contribute to better outcomes, and flexibility in the housing market.
Table of contents:
Executive summary Assessment and recommendations Chapter 1.Securing fiscal sustainability and boosting potential growth after the crisis. -Despite a deep recession, labour hoarding has surprised on the upside -The main challenge ahead is the exit strategy from stimulus policies -Boosting potential growth requires continued efforts to enhance activation policies -Annex 1.A1. Progress in structural reform Chapter 2.Making the pension system less vulnerable to financial crises -The solvency of the Dutch pension system was put under pressure by financial market developments -Recovery plans are better designed than during the last financial crisis -The recovery plans are unlikely to secure a return to full indexation -Making the pension funds less vulnerable to financial crises requires reforms -Annex 2.A1. The Dutch pension system -Annex 2.A2. The effect of the financial crisis on the solvency of Dutch pension funds and its economic consequences – a simulation Chapter 3.The transport system can contribute to better economic and environmental outcomes. -The expansion of transport has led to environmental costs and congestion -Congestion can be eased by improving infrastructure supply -Road pricing can address congestion and environment concerns directly -An effective road pricing scheme needs improved public transport Chapter 4.Improving the flexibility of the housing market to enhance labour mobility -Rigidities in the housing market have an impact on labour mobility -Policies that restrict housing supply should be reformed -Subsidies to owner-occupied housing should be phased out -The regulation of the rental sector should be eased -Annex 4.A1. Social housing policies in the Netherlands: A historical perspective