Kingdom of the Netherlands: Netherlands: Selected Issues

Author: International Monetary Fund

Volume/Issue: Volume 2008 Issue 172

Publication date: June 2008

ISBN: 9781451829594

$20.00

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Taxation - General , ISCR , CR , export , Netherlands , SITC , Germany , CIT rate , rate-revenue puzzle , growth advantage , market destination , CIT revenue , rate harmonization , harmonization in the EU , CIT base , Corporate income tax , Exports , Corporate taxes , Income tax systems , Supply shocks , Western Europe , Asia and Pacific

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Summary

Overall competitiveness of the Dutch economy seems adequate, but domestically produced exports have lost market share recently. Over the past three decades, globalization has greatly influenced economies as countries have become more integrated. Empirical studies on business cycles synchronization and transmission of shocks among countries have provided conflicting results. In its descriptive part, this study concludes that Dutch export competitiveness is not a problem so far. This also finds that the Netherlands is relatively more exposed to supply-driven shocks while Germany is more exposed to demand-driven shocks.