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The Netherlands is an AAA euro area (EA) economy with significant private sector imbalances. The main policy challenge is to restore growth and manage downside risks while allowing for an orderly adjustment of private sector balance sheets. A focus on medium-term objectives will cement policy credibility and mitigate uncertainty. The financial system must reduce its dependence on wholesale financing, and banks reliant on public sector support need to wind down this support. Reforms in the labor markets and human capital will be important in safeguarding the economy’s growth potential.
Monetary policy --- Netherlands --- Economic conditions. --- Accounting --- Banks and Banking --- Public Finance --- Real Estate --- Industries: Financial Services --- Finance: General --- Housing Supply and Markets --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Public Administration --- Public Sector Accounting and Audits --- Fiscal Policy --- General Financial Markets: Government Policy and Regulation --- Social Security and Public Pensions --- Property & real estate --- Finance --- Financial reporting, financial statements --- Macroeconomics --- Banking --- Pensions --- Housing prices --- Financial statements --- Fiscal policy --- Prices --- Public financial management (PFM) --- Financial institutions --- Pension spending --- Expenditure --- Housing --- Finance, Public --- Banks and banking --- Netherlands, The
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